Marc Gillespie has been promoted to UK head of Andersen Corporate Finance. The UK accounts for Andersen’s second largest corporate finance market. Gillespie takes over from Chris Rowlands, the head of Andersen corporate finance across western Europe. Gillespie joined Andersen in 1995 after spending 16 years with 3i.
Andersen’s UK corporate finance team has 425 employees and advised on approximately $6 billion worth of deals in 2001. This includes acting as lead adviser to BT’s sale of Yell in Europe’s largest leveraged management buyout and advising ING Bank on its $150 million sale of its aircraft operating leasing business to Abbey National Treasury Services. Andersen’s specialist Real Estate Consulting team also supported BT on the disposal of its GBP2.4bn corporate property portfolio in one of the largest transactions of its kind.