Chicago-based RedRidge Diligence Services – a provider of due diligence services to investors and lenders – is opening its first international office in London.
Matthew Reid, Associate Director, has relocated from the US in order to lead the London operation.
“In the US, RedRidge has an excellent reputation for a bespoke approach that offers efficiency, flexibility, high-quality service and timely execution in both the lending and equity investment markets,” says Matthew. “Our role now is to transfer that excellence into new markets, starting in Europe from our London base.”
In addition, RedRidge has appointed Andrew Robbins (pictured), as Director in London. Robbins has more than 20 years of asset-based lending (ABL) and insolvency experience, earned at KPMG, Barclays, and most recently RBS Group. He has also worked for independent and high street lenders in audit, relationship management and leadership roles. His experience spans a variety of sectors including retail, finance, manufacturing and distribution, covering assets including receivables, inventory, plant and machinery, and property.
Robbins’ new role will involve leveraging his connections and industry insights to develop RedRidge’s diligence offerings as they expand outside the US, with an initial focus on the UK and Western Europe.
“Adapting our due diligence services to the European markets will be a fantastic challenge and an extraordinary opportunity,” says Robbins. “But given the exceptional level of service I’ve seen first-hand, I’m more than confident we can deliver. I’m honoured to be working alongside Matthew at the start of this exciting new chapter in the company’s story.”
Dave Norris, COO, says: “Andrew’s knowledge and influence in the UK and wider European markets will support RedRidge on its mission to becoming a globally recognised brand.”
“Adding Andrew’s UK and European collateral expertise will prove immensely valuable to our clients,” says Managing Director Cory Ryan. “Coupled with RedRidge’s commitment to high quality and efficiency, we are well positioned to serve our clients within the region and those executing on cross-border transactions.”
Robbins holds a Bachelor of Science degree in Economics from Loughborough University. Andrew Robbins (FCA) is a Chartered Accountant with the Institute of Chartered Accountants in England and Wales (ICAEW).
