Bumper year for enlarged Clearwater

MANCHESTER-based corporate finance adviser Clearwater International completed 51 transactions across Europe last year worth £1.17bn.

It said 2014 was a "transformational year" following the merger of Clearwater Corporate Finance with organisations in Spain, Portugal and Denmark as well as entering into a strategic alliance with Chinese investment bank Interchina.

Its industrials and chemicals team was the most active, completing 14 deals, while 28 transactions included private equity involvement.

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