Three acquisitions, US private equity, and a fundraising. On the same day

All in a day's work for Peter Terry and Matt Bryden-Smith

Hello Rainmakers,

We’re talking to a couple of leading advisers today, Peter Terry and Matt Bryden-Smith from Grant Thornton, who’ve been the eye of the storms raging through the regional market in the last few years.

We cover the Applied Nutrition story, where they played a key part, the departure of Deloitte from the regions, and Terry’s decision to stick rather than twist when new a opportunity popped up.

But first, there’s the story of their latest big deal, the sale of aggregates business Fox on the same day that it made three acquisitions.

SPINNING PLATES

There’s a scene towards the end of the classic film Goodfellas when the lead character of Henry Hill, played by Ray Liotta, is bouncing around between everyday tasks, dropping off, picking up, making dinner, all the while out of his mind with paranoia that he’s being tracked by the FBI.

When Peter Terry explained the high wire act of selling to private equity, and making simultaneous multiple acquisitions on behalf of his client Fox, the Blackpool-headquartered family haulage, plant hire and aggregate group. I had that scene in mind.

I had to ask him to explain it twice.