Business advisory firm Quantuma has strengthened its restructuring team in Manchester, with the appointment of Sarah Balsom as senior manager.
This, along with the appointment of graduate Stephanie Villain, has added to the firm’s restructuring offering in the North West, headed up by director Franklyn Ofonagoro.
Sarah joins Quantuma from Assetz Capital, where she spent nearly three years as senior portfolio manager. In her role, she was responsible for managing 80 loans across all levels of stress, including distressed businesses and high value, high risk borrowers. Prior to this, Sarah has held roles at RBS, EY and Openreach.
In her current role, Sarah will be responsible for advising businesses at risk of distress and insolvency, capable of utilising a range of advisory services offered by Quantuma. This includes cashflow management, refinancing, debt advisory and restructuring.
Opened in March this year, headcount at Quantuma’s Manchester office has rapidly expanded, with a total of 12 now working from the firm’s base in WeWork, Number One Spinningfields. Headed by North West managing director Jeff Jones, the office now offers a full suite of business advisory services, covering corporate finance, forensic accounting, insolvency and restructuring.
Sarah Balsom, senior manager at Quantuma, said: “Joining Quantuma gives me the opportunity to build and shape an already successful business with a proven track record across the country. Having launched in Manchester earlier this year, the firm is already becoming known in the marketplace for its innovative approach to business advisory services, and I am looking forward to using my previous experience to support companies in need of advice in the coming months.”
Jeff Jones, managing director – North West at Quantuma, said: “Sarah has demonstrated considerable skill in her ability to handle challenging and distressed businesses in her previous roles, making her an ideal fit for the role here. She will play a central part in supporting the turnaround of some of the region’s companies, working alongside our growing team of restructuring experts.”