Bristol-based Hughes appointed debt advisory director at Grant Thornton

By Giles Gwinnett

15 September 2023

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Adam Hughes - picture contributed

Grant Thornton UK LLP has promoted Adam Hughes to the position of debt advisory director in its national corporate finance team.

Helping to grow the firm's national debt advisory team will be a central to Hughes' role, who will be based at the Bristol office.

He will focus on delivering debt raises for a wide range of purposes such as mergers and acquisitions (M&A), expansionary capital expenditure (CapEx), growth capital, refinances, and recapitalisations.

Hughes said: "I’m excited to be taking up a leadership role in Grant Thornton’s debt advisory team, especially as there’s a significant requirement in the market right now for this type of advice.

"There’s a lot of entrepreneurial companies that are looking for new ways to grow, innovate and develop, and we can help them navigate the increasingly complex debt markets they’re facing to ensure they have the insight and knowledge to meet their goals.

"We’ve seen this demand across the board, with especially high levels of activity in healthcare; technology, media, and telecoms (TMT); recruitment and training; nurseries; and business services," he added.

"With the current interest rate environment, it’s even more vital for businesses to look at their funding structure and understand if it’s right for them or if they need support to talk to lenders."

Since Hughes joined the team in 2021, from his previous role of director of structural finance at NatWest, it has expanded to seven people from two and is looking to increase further.

Peter Jennings, corporate finance partner at Grant Thornton, added: "Adam’s promotion is a fantastic testament to his skills and achievements as well as Grant Thornton’s commitment to growing our national debt advisory service across Wales and the South West."

Global group Grant Thornton is an independent assurance, tax and advisory firm. The UK Grant Thornton member firm is led by over 200 partners and employs over 5,000 people.

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By Giles Gwinnett

Giles Gwinnett is a writer at The Business Magazine. He has been a journalist for more than 20 years and covered a vast array of topics at a range of media settings - in print and online. After his NCTJ newspaper training, he became a reporter in Hampshire before moving to a news agency in Gloucestershire. In recent years, he has been covering the financial markets along with company news for an investor-focused web portal. His many interests include politics, energy and the environment. He lives in Dorset.