Orbis joins international partnership

Birmingham corporate financiers Orbis Partners has extended its reach into overseas markets by joining Clairfield Partners, the international partnership of mid-market corporate finance boutiques.

Orbis, which is based in Edmund Street, has signed an exclusive agreement with Clairfield to become its sole UK partner. It will join the partnership’s 13 other member firms, which cover Europe, the Americas, Australia and Asia.

Clairfield, which is headquartered in Geneva, Switzerland, provides advisory services to clients ranging from family businesses to large multi-national corporations and private equity funds.

In the first half of 2010, the group completed more than 30 transactions worth more than  1 billion.

As a partner, Orbis will have access to a bigger pool of buyers through Clairfield’s international network and will be able to provide opportunities for UK-based companies to acquire overseas businesses.

Chris Gregory, partner and founder of Orbis Partners, said joining the partnership was a strategic move to help drive the firm’s mergers and acquisitions business forward.

He said: “Orbis is built upon a strong foundation and having established ourselves as a leading corporate finance boutique in the UK it was clear that the next step would be to join an international partnership.

“By becoming Clairfield’s exclusive partner in the UK we will be able to strengthen our M&A offering and provide our client with excellent access to international buyers and sellers.”

Albert Schander, partner at Clairfield Germany (SynCap) and director of Clairfield Partners, said: “The UK is a crucial territory for an international partnership such as Clairfield. We are happy to have found in Orbis a firm with the same dedication to building long-term relationships with clients as all our partner firms.”

Orbis was founded in 2006 through an MBO from Kroll Corporate Finance. The firm employs 13 people and offers corporate finance services, including M&A, disposals, management buy-outs and restructuring advice, in the healthcare, technology, manufacturing and engineering, and support services sectors. The firm also maintains an investment portfolio in midcap companies.

Recent transactions include a buy-out of luggage designer and distributor Antler Limited, the sale of training provider Biscom Limited to US-based Rescare Inc and the disposal of switchgear manufacturer Craig & Derricott to Indian engineering company Victory Solutions.

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