
31 October 2018 | Herpreet Kaur Grewal
International advisory and brokerage service business Morphose has separated its brokerage division from the consulting division, which specialises in bid management and tender advice, following a substantial period of growth and development.
As a result, the brokerage and investment business is also being rebranded Morphose Capital Partners after news that it is regulated and authorised by the Financial Conduct Authority (FCA).
Morphose Capital Partners will continue to provide consultancy relating to preparation for sale, corporate finance matters, post-acquisition integration and general M&A advisory.
Morphose managing director Nick Atherton will head up Morphose Capital Partners and focus on advising on the strategy and structure of investment transactions while also supporting clients with buy-and-build strategies - going beyond the firm's previous role as a facilitator and introducer.
Meanwhile David Millar is heading up a new brand, Eastern & Wychwood, as a consultant supporting organisations in the defence, government and property/FM sectors through the bidding process as well as helping them to explore new market opportunities.
The two brands will collaborate closely where the opportunity arises.
Atherton said: "The separation of the different parts of the Morphose business was a natural step in the company's evolution We had reached a point where the investment side of the business, which is now FCA accredited, did not sit naturally with an FM, property and defence consultancy business, so it made sense to demerge the two areas of activity."