Zeus Capital has made six promotions following a string of high profile transactions in the last three months.Since lockdown, the firm has completed 14 transactions, including several public company takeovers, fundraisings and M&A deals.
Within its Corporate Finance team, Zeus Capital has promoted Nick Cowles to deputy head of corporate finance; Jordan Warburton to director and Kieran Russell, Rishi Majithia and AJ Reus to associate director. Rachel Birkett has been promoted to director in the research team, and Anna Thomas, who leads Zeus Capital’s private client offering, has also been made a director.
Cowles has been with Zeus Capital for more than 15 years, acting on numerous high-profile IPOs and public company takeovers. In the last few months, he has worked on significant transactions such as boohoo.com’s GBP198 million equity fundraising, as well as its GBP324 million acquisition of the remaining stake in sister company, Pretty Little Thing.
Jordan joined Zeus Capital as corporate finance executive in 2015 from EY and has been made director following his involvement in a large number of transactions, acting for both PLCs and private businesses during his time at the firm.
Anna Thomas joined Zeus Capital in March 2018 to establish a Private Client service for high net worth individuals. Rachel Birkett joined the firm in November 2016 as a research analyst, and having worked closely alongside Boohoo, now joins other directors Bob Liao, Andy Hanson and Robin Savage in the research team.
In addition to transactions for boohoo, Zeus Capital has also led the GBP22.6 million take private of men’s formalwear retailer Moss Bros, as well as a GBP78.4 million share merger of City of London Investment Group (CLIG) with Karpus Management in recent months.
Tremayne Ducker, Head of Corporate Finance at Zeus Capital, says: “In a market where dealmaking has become more difficult, we have continued to see appetite for our services across both public and private transactions. In particular, we expect the appetite for equity fundraisings to continue, as listed businesses seek capital to help them get through this difficult period and emerge stronger, and private buyers will see this as an opportunity to consolidate the market.
“With that said, we wanted to reward the hard work of our corporate finance and research teams over the last few months with these promotions. We are hoping to build on our performance in the second half of the year, and the team will continue to play a vital role in our success.”
