finnCap Group plc have today announced the promotion of John Farrugia to the position of Managing Partner at Cavendish Corporate Finance, following eight years as a Partner at the M&A advisory firm.
Farrugia brings 20 years’ experience to the role, 13 of which have been spent at Cavendish, where he has focused on deal completions in the technology and tech-enabled business services sectors. So far, he has completed over 50 corporate finance transactions, including M&A deals, leveraged buyouts, and public takeovers, most of which were valued between £15m and £100m.
Farrugia succeeds Tom Hayward, who previously stepped into the role following finnCap’s merger with Cavendish and IPO. Hayward will continue to perform his Group-wide role of COO, in which he will work closely with Farrugia, from an operational standpoint, to help further grow the business.
Farrugia’s appointment marks the two-year anniversary of finnCap Group’s IPO and the consolidation of finnCap and Cavendish.
John Farrugia, Managing Partner at Cavendish Corporate Finance, commented: “After 13 years at Cavendish I am delighted to be leading the firm through the next phase of our growth. Cavendish has a long 32-year track record in M&A and is made up of highly dedicated, dynamic and experienced colleagues. I very much look forward to working with them as we move Cavendish forward in our goal to become an even stronger leading M&A mid-market advisory firm. Through our entire finnCap Group offering we aim to always be able to support our clients’ ambitions wherever they may be on their business journey.”
Sam Smith, Chief Executive of finnCap Group plc, said: “I am thrilled to announce John’s promotion to Managing Partner of Cavendish as we move forward in our goal of Cavendish becoming a leading M&A mid-market advisory firm. John is completely committed to Cavendish, understands the wider group strategy and is a keen supporter of the sector specialist approach we take.”