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Oliver's Army is here to stay

Oliver Tebbutt has high hopes and big dreams for Cavendish Corporate Finance

Michael Taylor's avatar
Michael Taylor
May 20, 2025
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Hello Rainmakers,

One of the guiding thoughts behind Rainmakers is a fascination with the key crossroads in life, whether that by corporate decisions, or careers choices.

We’ve got one such fork in the road today - what a guy with his best years still ahead of him chose to do when his firm pulled the plug.

This is Oliver Tebbutt’s story, and he’s planning at Cavendish, hopefully it forms an important part of the debate of how the professional services world is shaking up.

Rainmakers subscribers get two unique pieces a week and full access to our back catalogue of investigations, scoops, and insights, including interviews with entrepreneurs like this one, and from investors like River Capital, Foresight, Mercia, Puma and LDC. To receive new posts and support our work, consider becoming a free or paid subscriber, or sign up for a free trial......

Oliver Tebbutt has high hopes and big dreams for Cavendish Corporate Finance

In the rapidly evolving landscape of corporate advisory, Oliver Tebbutt is making a bold statement. After 17 years at Deloitte, his move to Cavendish to set up a regional corporate finance business from Manchester represents more than a career transition—it's a calculated rebalancing towards the region’s corporate finance offer.

London-based Cavendish, which itself was a coming together of different investment banking and advisory businesses, has also recently trimmed its public markets team due to a lack of work, says the new office in Manchester, which will eventually be in a more permanent home in Gary Neville’s St Michael’s development, is very much focused on the regional mid-market, to fill a space his former team occupied.

I had visions of Tebbutt leaving Deloitte abruptly and not knowing what he was going to do, but he says it wasn’t quite like that.

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