PricewaterhouseCoopers LLP in Sheffield has promoted Joanna King, Andy Ward and Lyn Vardy to director.
Joanna King leads the firm's provision of transaction services in the South Yorkshire market place, providing a range of due diligence services and pre and post deal support together with deal planning and structuring advice to both acquirers and vendors. Joanna has been with PricewaterhouseCoopers for ten years.
She has experience of financial due diligence and sell side due diligence for both corporate and financial buyers and has experience in many industry sectors, with particular expertise in the retail, manufacturing and metal engineering sectors.
Lyn Vardy heads up the business recovery services practice in South Yorkshire and has 16 years experience in corporate recovery and insolvency. Since joining PricewaterhouseCoopers in 1998, Lyn has been involved in a broad range of assignments, advising lenders in turnaround, new lending and debt recovery situations.
In recent years, Lyn has worked increasingly with businesses and their stakeholders to bring stabilisation to companies with financial difficulties and provide solutions to overcome them. These solutions include corporate restructuring of both group structures and their debt and refinancing. They have also involved making use of insolvency based solutions to deliver restructuring when required. At Sheffield Forgemasters Engineering Ltd, Lyn played a key role in devising the restructuring which pioneered the use of a Company Voluntary Arrangement ("CVA") to restructure the pension scheme and facilitated a management buy-out avoiding collapse of the business following the insolvency of the parent group.
Lyn is able to bring a unique insight to debt management situations having extensive experience of managing high-risk cases from both a bank and adviser perspective.
Andy Ward is part of the assurance team in Sheffield and has responsibility for a number of audits of UK listed and large private equity businesses as well as owner managed companies in the region. He has a specialism in construction and metals as well as experience due diligence and financial assistance for transactions. He has a particular focus on owner managed businesses in South Yorkshire.
Senior partner Phil Gregory said: "Joanna, Lyn and Andy are talented individuals and will play vital roles in helping our clients achieve success in an increasingly difficult economic climate. They will in turn contribute to the further growth of our business in South Yorkshire and signal a significant investment in our office here in Sheffield. The promotions also reflect our success in developing a policy of organic growth and helping individuals achieve their full potential. "
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The full article contains 427 words and appears in Sheffield Telegraph newspaper.