Following its recent approval as the the London Stock Exchange’s latest Nominated Adviser, which means that it is qualified to advise companies quoted on the AIM Market, SPARK has been appointed to act as NOMAD for drinks distributor Blavod Wines & Spirits PLC. The SPARK team, which was formed a year ago by five senior directors from Brewin Dolphin’s corporate finance team is backed by SPARK Ventures, and operates from offices in Leeds and London.
The appointment by Blavod brings SPARK’s retained client list to seven quoted companies, of which Blavod is the first acting in a regulatory compliance capacity as a NOMAD. Mark Brady, Partner, commented: “We are in discussions with a number of existing AIM companies both in the North of England and throughout the UK, about taking on NOMAD or financial advisory roles for them. Given the rapid consolidation of the corporate finance advisory sector, SPARK’s team stability and experience means that we are well placed to provide independent corporate finance advice, across the capital spectrum, to both public and private businesses.”