Benchmark International Expands Into South Africa
A Manchester-based M&A specialist has expanded into South Africa with the opening of an office in Cape Town.
Benchmark International already has a significant presence in both the UK and North America, with its original Manchester base having been joined by offices in Oxford, New York, Tampa, Austin and Nashville.
Its Cape Town office will be headed up by Andre Bresler and Dustin Graham.
Bresler, South Africa managing director, said: “This is a very exciting time to be part of Benchmark International’s investment in South Africa.
“The country is a strategically important market for any M&A team, as it’s the conduit through which almost half of the continent’s M&A activity flows. South Africa also counts among the ten countries with the highest M&A growth predicted over the next two years.
“Benchmark International brings together the proven ability and capacity to address a very rapid increase in domestic demand for specialist M&A skills, especially concerning cross-border deals in this environment.”
James Thornton, Benchmark International chief operating officer, added: “South Africa represents a key element of our international growth strategy. The country has great potential as an investment destination, with a highly developed economic infrastructure and one of the most vibrant emerging market economies worldwide.
“South Africa’s financial and legal systems, with their similarities to their UK and North American counterparts, together with a familiar business culture and a very longstanding history of trade between these regions means that our expansion into South Africa is set to benefit our seller and buyer clients alike.”