Mid-market boutique TMT M&A advisory firm Evolution Capital has appointed Gary Smith (pictured) as Senior Corporate Finance Advisor, Business Sales & Divestitures.
“Gary brings significant corporate finance experience to our team including strategy review, M&A and a solid financial understanding of online and technology businesses,” said Evolution Capital MD Nigel Cook.
Prior to his career as an advisor Smith held a number of Director roles with multi-nationals in the digital and technology marketplace with responsibilities for P&L.
Before joining Evolution Capital Smith was MD of an online UK technology company with group revenues exceeding £100m.
“Gary is credited for turning around the business, growing profitability by 750%,” added Cook. “He led the three-year value building programme and preparation for disposal, completing the transaction in 2016.”
Smith also brings international experience of both disposals and acquisitions for technology companies in the Asia region where he held the post of Regional Chief Executive with the Saongroup.
He grew Saon’s Asia business from two to seven integrated subsidiary companies within five years with revenue growth increasing over 600% during his tenure.