Deloitte to build up Corporate Assurance Hub

30th July 2020, 10:44 am

Deloitte’s North West Corporate Assurance Hub plans to expand its Manchester office to level up its regional assurance services a year after starting.

Led by partner Tim Grogan and director Saul Wadsworth, the North West Corporate Assurance Hub offers a broad spectrum of services to the firm’s non-audit corporate clients. This includes complex accounting, transactions support and controls and processes advice and implementation.

Having launched in June 2019, with the objective of strengthening its services to North West businesses, the Corporate Assurance Hub has advised on more than 60 deals. This includes supporting on transactions with a number of private equity houses and large national and regional corporates.

Following this success, the team has partnered with its London office to expand its IPO services. Alongside a full suite of reporting accountant services, the Assurance Hub is now collaborating with the firm’s London office to provide Historical Financial Information (HFI) and bond issuance propositions. This will enable the North West Corporate Assurance Hub to offer a broader range of transactions assurance services, designed to support the wider firm.

Tim Grogan, Partner at Deloitte in the North West, said: “The launch of our Corporate Assurance Hub has surpassed all expectations in its first year despite COVID-19, creating valuable jobs and supporting transactions for some of the region’s most significant corporates and private equity houses. We want to expand on this in the next financial year, adding more specialists to the team and working closely with our London office to create a regional centre of excellence for transactions.”

Saul Wadsworth, Director at Deloitte in the North West, said: “We’re really proud to have been able to advise on so many transactions from the North West over the past year. It has been incredibly important to support our clients to continue with their ‘business as usual’ needs during the pandemic. I look forward to strengthening these relationships as we look to build back better as lockdown eases.”

Andy Westbrook, Practice Senior Partner at Deloitte in the North West, said: “There are ambitious future plans for our Corporate Assurance Hub, which highlights the outstanding collaboration that exists within Deloitte in the North West. By creating a centre of excellence, we can offer more high quality services to our clients and further support the UK’s levelling up agenda for the regional economies.”

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