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RNS Number : 5659O DSW Capital PLC 04 October 2023
REACH
4 October 2023
DSW CAPITAL PLC
("DSW Capital", "DSW" or the "Group")
(AIM: DSW)
DSW adds a further new geographic location
DSW Capital, a profitable, mid-market, challenger professional services
licence network and owner of the Dow Schofield Watts brand, is pleased to
announce that has expanded its presence into a new geographical area with the
launch of a new corporate finance team based in Cardiff. The addition takes
the total licensees to 25, Fee Earners to 106 and its total offices to 11.
The new team will be led by Koo Aseeley and Michael Dunn and will support
businesses across Wales and the South West.
James Dow, CEO of DSW Capital, said:
"We are pleased to welcome Koo and Mike to the DSW network. Their arrival
gives Dow Schofield Watts a presence in Wales for the first time and comes hot
on the heels of our launch of a new corporate finance team in the East
Midlands.
"Dow Schofield Watts is offering a highly attractive alternative career path
to traditional accountancy firms by enabling professionals to run their own
business as part of the network and the addition of these two quality teams
further strengthens our reputation as a leading force in corporate finance in
the UK."
DSW Capital
James Dow, Chief Executive Officer Tel: +44 (0) 1928 378 029
Nicole Burstow, Chief Financial Officer Tel: +44 (0) 1928 378 039
Shore Capital (Nominated Adviser & Broker) Tel: +44 (0)20 7408 4090
James Thomas / Mark Percy / Rachel Goldstein
Guy Wiehahn / Isobel Jones (Corporate Broking)
Belvedere Communications
Cat Valentine Tel: +44 (0) 7715 769 078
Keeley Clarke Tel: +44 (0) 7967 816 525
dsw@belvederepr.com
(https://url.avanan.click/v2/___mailto:dswcapital@belvederepr.com___.YXAxZTpzaG9yZWNhcDphOm86Yjc0Nzc1ZDRhNmI2ZDQ3ODRiMTU2MDJlZmUzYWIyOWE6NjpiM2UzOjNlNDFhZjMzOTc3YTA5ZmIzMjJlN2ExNDJmOTg4MGVjYWZhNzZkYmI3ZGY2YTQxYzA1YWZlYWI2NjhhYmZjMTg6cDpU)
About DSW Capital
DSW Capital, owner of the Dow Schofield Watts brand, is a profitable,
mid-market, challenger professional services network with a cash generative
business model and scalable platform for growth. Originally established in
2002, by three KPMG alumni, DSW is one of the first platform models disrupting
the traditional model of accounting professional services firms. DSW operates
licensing arrangements with 25 licensee businesses with 106 fee earners,
across 11 offices in the UK. These trade primarily under the Dow Schofield
Watts brand. It also operates Pandea Global M&A, an international
corporate finance network covering 33 different countries.
DSW's vision is for the DSW Network to become the most sought-after
destination for ambitious, entrepreneurial professionals to start and develop
their own businesses. Through a licensing model, DSW gives professionals the
autonomy and flexibility to fulfil their potential. Being part of the DSW
Network brings support benefits in recruitment, funding and infrastructure.
DSW's challenger model attracts experienced, senior professionals,
predominantly with a "Big 4" accounting firm background, who want to launch
their own businesses and recognise the value of the Dow Schofield Watts brand
and the synergies which come from being part of the DSW Network.
DSW aims to scale its agile model through organic growth, geographical
expansion, additional service lines and investing in "Break Outs" (existing
teams in larger firms). The Directors are targeting high margin,
complementary, niche service lines with a strong synergistic fit with the
existing DSW Network.
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