As a result of a substantial increase in demand for its corporate finance services, HMT has appointed Odhran Dodd and James Thomas as corporate finance partners.
Dodd has joined HMT both to lead the debt advisory offering and to increase the corporate finance capabilities.
Dodd trained at investment banks and advisory boutiques and specialises in M&A and debt advisory. During his career, he has completed over 70 deals in a wide variety of sectors from recruitment to financial services, oil and gas, manufacturing and mining, transportation, etc. Prior to joining HMT, Dodd was a partner at UHY Hacker Young and more recently a partner and head of corporate finance at CBW.
James Thomas has joined HMT to establish and lead a specialist technology team.
Thomas was previously a partner at ICON Corporate Finance, an advisory boutique specialising in the technology sector. During his 14 years at ICON, Thomas completed almost 50 fundraisings and M&A transactions across the TMT space including software, SaaS, B2B and B2C, internet of things (IoT), telecoms, nanotech and new materials companies.
More recently and immediately before joining HMT, Thomas was a director in BDO’s national renewables team, leading on transactions in the energy and cleantech sectors. At BDO, Thomas led assignments for energy technology companies and project developers totalling in excess of £600 million.
A significant increase in fundraising and M&A activity has been witnessed across the TMT sector in recent years with continued interest from investors and a strong increase in transaction multiples driven by disruption in established markets such as software, fintech, insurance, transport and energy to name but a few.
In the past few years, HMT has advised on a large number of significant transactions in the technology sector which includes three rounds of fundraising for Channel Mum, the investments in e-commerce and mobile platforms My 1st Years, Watchfinder, MPB and Hoop and the MBOs of software businesses CIPRH, The Property Software Group and ProspectSoft among others. The appointment of a specialist technology partner will strengthen HMT’s offering and expertise in this sector.
Andrew Thomson, managing partner, HMT, commented: “We are delighted to welcome Odhran and James to expand our corporate finance and debt advisory capabilities as well as establish a specialist technology team. We have made this investment to grow our business on the back of an extremely strong deal flow during the previous 12 months and these senior hires will enable us to continue to support our clients at the highest level.”