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Clearwater International, the mid-size corporate finance house, has welcomed Julian Brown as Managing Director with his addition to the company’s international board of directors.
The appointment follows a period of record growth which has seen the company close more than 90 deals worth £ 7.6 billion and grow by more than 20% in the past six months.
Brown succeeds Michael Reeves, who, after leading Clearwater International as CEO since its inception almost seven years ago, has decided to focus on his role as UK managing partner and member of the board of directors of the British company.
New CEO of Clearwater International arrives with nearly 30 years of experience in international corporate finance in Europe and North America and will work in all regions and with the company’s 55 partners to execute a growth strategy of the company.
Brown spent 15 years at PwC building and managing its corporate finance operations in Spain, Canada and most recently the United States, as well as serving on the global corporate finance board of directors with responsibility for North and South America.
Brown said: “Clearwater International is a company that has grown into an established, reliable and well-known brand across Europe in a relatively short period of time. I am both honored and touched that the partners have entrusted me with the exciting role of moving the company forward.
“The partners of this company are exceptional entrepreneurs and business people in their own right, and this resonates strongly with our clients. My role as CEO is to work with this incredible talent pool to help them realize their combined full potential as a business.
“I spent the summer months traveling to meet partners and staff around the company and I am excited not only by the quality, energy, dedication and professionalism of our employees, but also by the firm’s client-centric culture.
Michael Reeves, UK Managing Partner and Former CEO of Clearwater International, added: “Now is the right time to hand over the baton to a new leader of this incredible company. Over the past seven years the company has experienced phenomenal growth which has consistently placed us in the top 10 financial advisory firms in Europe.
“I am proud of what we have accomplished over the past seven years and have confidence in the solid foundation that has been laid for Julian to lead the future growth of our business. “