RCS - DSW Capital PLC - New Geographic Location for Corporate Finance

DSW CapitalAnnouncement

20/09/2023 07:00

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RNS Number : 9826M  DSW Capital PLC  20 September 2023

20 September 2023

 

DSW CAPITAL PLC

("DSW Capital", "DSW" or the "Group")

(AIM: DSW)

 

DSW adds New Geographic Location for Corporate Finance

Midlands based Team of three are first added under DSW's breakout initiative

 

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 in the Midlands with the launch of a
new corporate finance team based in Leicester. The addition takes the total
licensees to 24, Fee Earners to 104 and its total offices to 10.

 

The new team are the first to take advantage of DSW's Breakout Incentive,
which was launched in February this year and offers teams of three or more an
additional cash injection to start their own business.

 

The three-strong team is led by Harry Walker and includes Fahim Kassam and
Daniel Chouciño, who have all joined from FRP Corporate Finance. Their
arrival comes just weeks after DSW entered the Midlands market with the
addition of Nottingham-based corporate recovery firm Bridgewood to the
network.

 

James Dow of Dow Schofield Watts said: "Dow Schofield Watts offers an
alternative to traditional accountancy firms by enabling professionals to run
their own business as part of the network and we are delighted to welcome
Harry and his team.

 

"Corporate finance is a core area of expertise for us, and the arrival of this
award-winning team further strengthens our offer to clients and expands our
local presence in the Midlands. It is also in line with our goal to attract
new teams of high quality people into the network."

 

 

 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 24 licensee businesses with 104 fee earners,
across ten offices in England and two in Scotland. 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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