PCB Partners provides Management Advisory to Proxima Group through its corporate recapitalisation.

 

September 2021

Proxima Group completed a corporate recapitalisation where PCB Partners provided Management Advisory services. Commenting on the process, Gareth Evans, CEO of Proxima said:

“We decided to look at all the exit options for shareholders to provide liquidity and also support the business in its future growth ambitions. We appointed Tim Farazmand and his team at PCB Partners as Management Advisors to the team because they understood the sector and had deep experience of the private equity community.  They provided valuable insights into private equity and helped the management team evaluate all options.”

About Proxima

Founded in 1994, Proxima provides procurement advisory services and procurement transformation solutions to a client list ranging from some of the world’s largest businesses to fast-growing, high-potential small and medium-sized enterprises across a wide range of supply categories, and in sectors from aviation to government, from manufacturing to banking.

Tim Farazmand Co-founder