29/03/2022 - Market news
Clearwater International makes further investment in TMT team
Edward Gale has joined Clearwater International as a Director in the fast-growing TMT team. Edward, who will be based in the Manchester office, joins from Ernst & Young where he spent 14 years, including four as a director, working in both the UK and Singapore.
experienced deal leader with notable experience in buy-side and sell-side transactions
Edward joins as an experienced deal leader in the tech space who has notable experience in buy-side and sell-side transactions, including many cross-border and private equity deals. His recent deal completions include the sale of SSP Ltd to Constellation Software Inc., raising a minority investment from Inflexion into CMS Payments Intelligence, and an investment into Distology by NorthEdge.
Edward is also a non-executive Director at Big Life Group, a social enterprise that is focused on changing the lives of people through a multi-faceted approach.
in the last 12 months the UK TMT team has completed 13 deals valued at almost £800m
This appointment is the latest in the line of investments in Clearwater International’s TMT team, which continues to see strong deal activity. In the last 12 months the UK TMT team has completed 13 transactions in the TMT space valued at almost £800m, while overall the international team have completed 40 deals worth nearly €1.9bn (£1.6bn), representing a 48% increase in tech deal volume. According to Mergermarket, Clearwater International ranks in sixth place in the UK and Ireland as advisers in the TMT space during 2021.
Over the past year Clearwater International invested in three new tech partners to further bolster its TMT team. Wesley Fell-Smith was promoted to Partner, while new recruits included Nathaniel Cooper in the UK, and Jérémy Sartre who joined as co-lead of the French TMT team alongside Nicolas Saint-Pierre.
bolstering our senior team and existing expertise in the North
Managing Partner, Mark Taylor said:
“TMT is an important sector for Clearwater International and we are keen to continue to grow this team. Edward definitely assists with this wider strategy whilst bolstering our senior team and existing expertise in the North. We are delighted that he has joined the team and welcome him to the business.”
Tech Partner, Wesley Fell-Smith commented:
“The digital transformation of businesses continues apace, as evidenced by our continued fantastic deal flow over the past year. In response, it’s essential for Clearwater International to continue to expand the team with experienced, tech-focussed individuals who can not only deliver pure tech transactions but also collaborate with other sectors which are experiencing their own digital revolution. I am delighted to welcome Ed to the team.”
Edward Gale added:
“I’ve joined Clearwater due to its unique ability to work with exciting, entrepreneurially focused businesses and apply this model across an international basis. It’s hugely exciting to be part of Clearwater International’s market leading tech team, marrying up a passion of mine with a sector where I have significant experience.”