Corporate advisory group GS Verde has expanded its Bristol office with 10 senior appointments following a significant six-figure funding package from HSBC.
The Cardiff-headquartered group, which includes law firm Greenaway Scott, corporate finance boutique Verde Corporate Finance and patent attorney business Alchemie IP, specialises in mergers and acquisition advice, corporate law, commercial contracts, intellectual property, commercial property and corporate finance advisory.
It now employs 40 people across the group in its offices in Bristol, Cardiff and Pembroke following the latest hirings.
The bank funding includes working capital and term finance and is being used to expand its Bristol office in Redcliff Backs with senior hires for its legal and corporate finance lead advisory teams,
GS Verde Group CEO and director of corporate Nigel Greenaway said: “We’re thrilled to have the backing of HSBC UK to support our growth in the South West.
“As first-time customers, we turned to the bank due to their ability to offer growth capital to the business and for its excellent understanding of scale-up businesses. Our relationship manager Joel Dunning has offered his expertise during the process and we look forward to building our relationship with the bank in the future.”
HSBC UK area director for Bristol, Gloucestershire and Wiltshire, David Butler, added: “We’re delighted to be working with such a well-established and successful business with roots in the South West.
“HSBC UK is committed to the support and development of businesses like GS Verde across the region and it’s great to see such passionate business leaders being able to expand their team and services.”
The funding package was allocated from HSBC UK’s £550m SME Fund, which supports small and medium-sized firms across Bristol, Gloucestershire and Wiltshire.
Pictured, the GS Verde Group senior management team. From left: Rhian Osborne, Craig Blackmore, Nigel Greenaway and Matthew Sutton
