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Growth soars at GCA Altium as global revenues top GBP180m

Global advisory firm GCA Altium has continued to expand its international presence across Europe and Asia in FY18 as total revenues have reached GBP181 million.

Revenues for the firm increased 35 per cent in comparison to FY17 and have increased threefold in the last five years. Net income also increased by 115 per cent compared to the previous year. Over the course of 2018, the firm closed 145 deals globally – up 30 per cent on the prior year. Over a third of these transactions were cross-border, as a result of GCA’s growing international network.
The group opened five new offices across Asia and Europe in Taipei, Ho Chi Minh City, Leeds, Paris and Nagoya. The new office openings are in line with the company’s global expansion strategy, which is focused on establishing a strong presence in all key markets with robust corporate ecosystems and transaction dynamics.
Across Europe, the firm completed 74 deals worth a total of GBP11 billion in 2018. 31 transactions were led out of GCA Altium’s UK offices with an average transaction value of over GBP100 million. Active sectors were technology, consumer, business services and industrials. Major transactions included advising UKFast on its investment from Inflexion, in a transaction that valued the cloud hosting provider at GBP405 million; advising video games label Team17 on its GBP217 million AIM IPO and advising online watch specialist on its sale to Swiss-based luxury goods giant Richemont.
Phil Adams, Chief Executive at GCA Altium, says: “Our business has enjoyed huge momentum in recent years and we started this year with a strong, engaged pipeline, and a highly favourable level of new engagement activity. Our 20-strong global office network, diversified client base and impressive results mean we continue to retain and attract exceptional talent to the firm, giving us further fire-power to meet clients’ needs worldwide. We look forward to building on our momentum in the year ahead”.

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