South: Spectrum Corporate Finance adds TMT specialist to its team

Spectrum Corporate Finance has appointed Iain Mckenzie as its director and head of technology, media & telecoms. Mckenzie, who has been on the Spectrum advisory board since its inception in 2012, will operate out of both Reading and Southampton offices.

Spectrum has made this appointment to establish the leading TMT advisory business in the Thames Valley and south region, with its increasingly important and active deal sector. Mckenzie joins the existing four-strong advisory directors to augment a total team of 10.

Simon Davies, managing director, previously advised Iain as a shareholder in both an MBO and ultimate exit of his latest technology business, and commented on the appointment: “We see this as a significant enhancement to our advisory capabilities. The TMT sector is strongly represented in our geographic markets, with the proportion of technology enterprises in Reading being three times the national average. There is a growing need for quality corporate finance advice in this mid-market sector, delivered by someone who is steeped in technology, with an extensive industry contact base.”

Mckenzie has a 30-year background in the technology sector having built and subsequently exited a number of technology companies, including Datapulse plc, Arc Solutions, Digital Techniques Inc. and Mettoni. Latterly he ran the EMEA and Asia region for Enghouse Systems Inc, a C$1.5 billion market cap Toronto-listed technology company, in a role that included involvement in multiple cross-border M&A activity.

He is a qualified accountant (FCMA) and also holds an MBA from London Business School (Sloan Fellowship).

Mckenzie added: “I have known the founders of Spectrum for a number of years and having been involved on the advisory board, I have seen at first hand their exceptional success. I was therefore delighted to have the opportunity to enhance their advisory capabilities. Having been through the M&A process from both sides on a number of occasions, I believe that I can add real value to both shareholders and management of Spectrum’s clients.”