Asset-based lending specialist, BZ, has bolstered its team with the appointment of Regional Business Development Director, Geraint Regan.
BZ is affiliated to a global credit fund that has $33bn of assets under management. The company offers structured asset-based lending facilities up to a £150m hold level that provide working capital and corporate structuring solutions to mid-market businesses.
A PwC qualified chartered accountant, Geraint Regan joins BZ with over 20 years’ corporate finance and advisory experience, most recently at ThinCats where he was director, regional business development. He also gained significant transactional experience with EY, IBM and RBS and was director of corporate finance at Mazars before joining the alternative finance provider.
Commenting on his appointment, Geraint said: “I am delighted to join the vastly experienced and forward-driving team at BZ. The Midlands is the engine room of the UK economy: an established financial centre with a strong manufacturing base, it has a vibrant intermediary community and an active and growing private equity presence. The time is right for BZ to enter the local market as a highly credible and proactive ABL, with the necessary firepower to drive certainty into large complex transactions. In the current climate, it has never been more important to look at transactions on their own merits, to demonstrate understanding of the business in order to create optimal deal structures that work for all parties and to deliver flexible solutions at speed. This is an exciting opportunity and I look forward to articulating BZ’s distinctive proposition to the market.”
Robert Wakeford, Managing Director, UK Sales, said: “Geraint is an outstanding addition to our team at BZ and brings with him extensive transactional experience, an excellent network bonded with a strong entrepreneurial ethos. Strategically, the Midlands is a key Region for BZ and is the beating heart of UK manufacturing. He joins a growing team of directors across the business who will be instrumental in delivering our plans for growth and supporting local businesses.”