Business advisory firm Quantuma has appointed a new director, Mike Horton, to its financial advisory practice.

Mike has over 18 years’ experience working in the financial services sector, spending over half of his career advising businesses exhibiting signs of financial distress or entering a formal insolvency process. His expertise spans refinancing, new lending for businesses, portfolio management, and advising corporates and their financial stakeholders in turnaround situations.

Before joining Quantuma, Mike managed the recoveries portfolio of peer-to-peer lender Assetz Capital for over four years. Prior to this role, he worked at Co-op Bank as a credit risk manager, and the Royal Bank of Scotland as a corporate manager within the bank’s global restructuring group.

In his role at Quantuma’s Manchester office, Mike will advise both businesses and a range of financial stakeholders across turnaround and performance improvement, options reviews, crisis and contingency planning and cash and working capital management.

Mike will join Quantuma’s growing financial advisory team, which is led by Louise Durkin, head of the firm’s financial advisory practice. This news follows a strong year of growth for the team with headcount rising as demand for its services continues to grow.

Commenting on his appointment, Mike Horton said: “I’ve been very impressed by the pace at growth of Quantuma’s financial advisory practice over the last few years and I’m excited to be joining a firm whose reputation has gone from strength-to-strength. Businesses are entering a critical period where they will need to access advice to help them navigate financial and operation challenges post pandemic and Quantuma is very well placed to support those businesses.”

Louise Durkan, managing director at Quantuma, added: “Over the last year, businesses across the UK have faced unprecedented financial challenges. Our team has worked hard to support these businesses and we are committed to growing our team to ensure we can continue to provide our services to clients and SMEs across the UK. We are delighted to have Mike on board – he will bring invaluable experience and knowledge to his role and the team here at Quantuma.”

ENDS

Notes to Editors Quantuma is a leading business advisory firm which works with businesses at the key milestones, delivering bespoke solutions to help clients take advantage of opportunities and overcome a range of operational and financial challenges, enabling them to achieve their business objectives and ambitions. The business has 21 offices, including 17 in the UK, two international offices in Cyprus (Nicosia and Paphos), one in Mauritius and one in The Cayman Islands.