To strengthen its M&A capabilities, global financial services firm Investec Bank has named Luke Spells as head of UK advisory.

Spells worked for Citi, where he oversaw the coverage of UK mid-cap firms as a managing director in the UK Investment Banking group.

He will play a crucial part in improving client relationships, finding and executing deals across sectors, and providing public and private businesses with access to Investec's whole range of advisory services.

Having spent over two decades advising clients on a range of public and private M&A, strategic consulting, and finance related transactions, Spells will offer a great deal of expertise and insight to the Investec platform.

The hiring comes after Investec was involved in providing advice on high-profile deals, such as Rosebank Industries' admittance to trading on AIM and Bridgepoint's takeover of Alpha Financial Markets Consulting.

Jonathan Arrowsmith, head of investment banking, stated: “We’re delighted to welcome Luke as head of UK advisory. Luke’s expertise will help further accelerate our advisory strength and capabilities across listed companies and with private equity. Bringing in senior, experienced experts like Luke further improves our coverage in the mid-market sector at a time when we see increased activity within M&A and encouraging signs of a gradual opening of the IPO market.”

Spells added: “I am excited to be joining the firm, contributing to its further growth, and working with Investec’s fully integrated team of specialists across the Advisory, Corporate Broking and broader ECM and lending businesses, to offer a differentiated and market-leading service to our clients.”

Moreover, Investec established a location in Dubai International Financial Centre (DIFC), the main global financial centre in the Middle East, Africa, and South Asia region.

The Gulf Cooperation Council (GCC) financial institutions, family offices, and high-net-worth individuals are connected to the DIFC office for advisory and organising services in corporate and investment banking, wealth and investment management, and private banking.

The new site will benefit from Investec’s improved Swiss services, which are based on the company’s group resources, investment procedures, and Swiss banking history.

"Investec enhances its M&A service with head of UK Advisory hire" was originally created and published by Private Banker International, a GlobalData owned brand.

 

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