An investment bank has expanded out of the capital by opening a new office in Birmingham.
Cavendish is setting up a team in the city as it continues its expansion into the regional market after launching a new office in Manchester last year.
The new Birmingham team will be led by former Deloitte partner Darren Boocock and focus on the Midlands and East of England regions.
Mr Boocock specialises in mergers and acquisitions and has experience working across a range of sectors, advising entrepreneurs, owner-managers, private companies and institutional investors on a wide range of transactions.
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Cavendish's chief executive John Farrugia said: "I'm delighted to have secured Darren to help drive our regional expansion.
"This appointment, and the growth of the team in Birmingham that will follow, demonstrates our unwavering commitment to investing in regional markets.
"Darren has a strong network across the region and into London and has spent a significant amount of his career advising entrepreneurial businesses and private equity houses.
"Throughout his career, he has established and developed market-leading teams in a number of areas, including Yorkshire, the South-East and, most-recently, Birmingham.
"Our new presence in the Midlands, an attractive and substantial market with significant transactional activity, ensures we are well-positioned to assist dynamic, entrepreneurial businesses achieve their ambitions and contribute to the continued growth of the º£½ÇÊÓƵ's real economy.
"I am looking forward to announcing further developments of our strategy in due course."
Mr Boocock added: "I am delighted to be joining Cavendish and to take a leading role in driving the growth of the mergers and acquisitions business.
"The opportunity to build a market-leading team in the Midlands and beyond really excites me. Recent changes in the advisory landscape in the Midlands provides an excellent opportunity for Cavendish.
"Our focus will be on developing meaningful relationships and bringing exciting deals to market and we look forward to sharing progress on this in due course."
