Blue Sky Corporate Finance is a team of independent corporate finance experts, based in the West Midlands, specialising in helping the owners and managers of small to medium sized enterprises to become investment ready, raise finance, sell a business, undertake management buy-outs/buy-ins and to make corporate acquisitions.
Established in 1999, Blue Sky has grown to become one of the best known corporate finance practices specialising in the SME market. The close-knit team of professionals works with its clients to prepare the business case; determine the most appropriate type and mix of finance and then work with the owner/management team to procure the appropriate type of finance to meet their needs on the best available terms.
The Blue Sky investment appraisal team has extensive corporate finance experience, gained by working with both some of the largest and smallest companies throughout the UK.
Paul Heaven, a member of the ICAEW Finance Faculty, has more than 30 years general management experience in various FD and MD roles. Having served his articles at Clements Keys & Co and his corporate finance apprenticeship at Ernst & Young, Paul formed Blue Sky Corporate Finance to serve the needs of the SME sector. Paul is also a regular speaker at corporate finance events, a member of the West Midlands Regional Finance Forum and an expert on the funding sources available from equity, debt, grants and trade/asset finance.
Tony Seaton joined Blue Sky Corporate Finance from BDO in 2009. With more than 30 years corporate finance experience, Tony is a key member of the team. Tony is also a member of the ICAEW Corporate Finance Faculty, living in the Black Country. He is well known throughout the finance community in the Birmingham, Black Country and Worcestershire regions. Tony has extensive experience of working with all of the regions bank and venture capitalists in raising finance, acquisitions and disposals within the SME market. Tony is a member of the Black Country LEP Access to Finance Sub-Group.
David Baker joined the Blue Sky team in 2014 from his role as Business Manager for HSBC Bank, where he provided funding for both early stage and established businesses. David has a proven track record in advising SMEs on business funding and has quickly established himself as an integral part of the Blue Sky team.
Sue Morrall has extensive experience of working in the finance sector. Sue joined Blue Sky from Barclays Bank having worked with a wide variety of SMEs. In addition to advising and supporting clients on Blue Sky’s corporate finance services, Sue is also responsible for ensuring compliance procedures are followed.
Blue Sky works with a great many SME owner managers and completes between more than 50 fund raising deals ranging from £50,000 to £5m each year, the vast majority of which include some proportion of debt finance. As part of the process of placing these deals Blue Sky works with all of the key sources of debt finance from all of the high street banks through to asset financiers, trade financiers to business angels.
The reputation of Blue Sky and its long service in this market depends upon its relationship and good standing with the providers of finance and that relationship depends upon the quality of the deals that are placed. The deal quality is tested by the extensive and detailed due diligence process undertaken by the experienced and professional front office team. The financial projections that are not actually constructed by the Blue Sky team (and many are) are subject to detailed scrutiny and sensitivity testing. The trading history and credit standing of both the client company and its owner managers are checked via 3rd party research tools. Business plan key assumptions are thoroughly tested and where possible verified and key risks and threats are appropriately disclosed. Owner manager and trade references are obtained and made available to investors where requested.