AAB appoints new head of equity funding

Aberdeen-based accountancy firm Anderson Anderson & Brown (AAB) has announced the appointment of Brian McMurray as head of equity funding.

The firm said Mr McMuray “brings together AAB’s extensive experience of delivering equity fundraising projects across a broad spectrum of industries including the technology, oil & gas and food & drink sectors”.

The appointment follows a period of significant growth for AAB in delivering equity funding for privately owned companies.

AAB said it has also seen an increase in enquiries and demand for fundraising advice over the past year.

Douglas Martin, head of corporate finance at AAB, said: “in the last 6 months we have worked with both new and existing clients to help them raise required equity funding to grow and develop their businesses. By introducing Brian to this new role we are confident that our success and reputation in the market will continue to grow. His focus and expertise will be invaluable as we strive to be the go-to firm for growing businesses looking to raise funding.”

Mr McMurray himself added: “We work with clients on a number of fundraising initiatives, whether it be for organic or acquisitive growth, working capital purposes, or an equity investment to unlock the value held by existing shareholders. This comprehensive knowledge, coupled with our long standing relationships with a number of high net worth individuals, venture capital and private equity investors, enables us to work with our clients throughout their entire lifecycle and ultimately assist them in achieving their goals. Helping to support our clients both now and in the future is hugely important to us at AAB and so we look forward to developing our growing reputation in this space further.”