Karl Holmes

Karl Holmes

Managing Partner, Cadence Advisory

25 years working in corporate advisory roles for financial stakeholders FCA and formerly Licensed Insolvency Practitioner, started career working primarily on restructuring, exit planning and distressed M&A at Deloitte – Partner in Baker Tilly Restructuring team from 2004 to 2006 Worked with ABL from 2003, managing Large lender Key Account relationships at Deloitte and Baker Tilly;

Worked alongside team advising MBI from Venture into KBC bank in 2006 and joined KBC Business Capital to head up syndication practice, working with ABLs well-known from previous KA roles

KBC acquired by PNC in 2010 – focus switched to Private Equity sponsored deals, working with investors looking at acquisition and / or working capital finance, and CF advisers operating in markets suited to ABL – particularly manufacturing and service industries

In 2015 moved to MBO opportunity working with principal from the KBC transaction – joined target company as FD, upgraded quality, depth and range of financial reporting, budgeting and forecasting, set up ABL facility and sourced mezz funding for prospective deal.