BOOST&Co’s Manchester office triples in size to serve SMEs across the north and Scotland

Ryan Sorby

BOOST&Co is significantly expanding its Manchester office, which will triple in size to serve SMEs across the north and Scotland.

Ryan Sorby, who has led the alternative lender’s north-west base since its inception in late 2018, is taking on a new role as head of the north and Scotland, and is appointing three experienced principals to his team.

Ryan comments: “We’ve enjoyed a lot of success through employing people who are local and visible, and who understand the cultural nuances within our city and region. Having people on the ground pays huge dividends in terms of the quality of the deals you can be involved with and the insight that you can get.”

Although London often takes the limelight, Sorby says that the number of deals being done outside the south is continuing to increase.

Ryan comments: “We’re investing more and more in the north and Scotland. These are areas where we’ve done high-quality deals over the past 18 months, and the calibre of the advisory base in these regions is fantastic, too.

“The northern powerhouse is gaining a lot of traction in the media and also with the government, which will lead to increased focus, funding and support.”

Sorby is also appointing three new principals to his team. One, based in Leeds, is due to start in April 2021, while two have already joined.

Oliver Reece, who previously worked for Tosca Debt Capital, and Seth Vaughan, who has moved from Lloyds Bank.