Global Special Situations ("GSS" or the "Alliance"), a global alliance of investment banking firms which focus on special situations transactions, announced that Hannam & Partners ("H&P"), a leading corporate finance advisory business based in London, has become a member.

The expansion enhances the coverage of member firms, which already includes strategic partnerships in Continental Europe, Asia, India, Latin America and North America. In addition to H&P, partners include U.S.-based SSG Capital Advisors LLC, Germany-based Saxenhammer & Co., Asia-based Teak Capital Corporation, Brazil-based TCP Latam, and India-based L&T Infrastructure Finance Company Limited.

Founded in 2013, H&P is a privately owned, relationship-led investment bank with over 30 professionals. Services include mergers and acquisitions, strategic advisory, capital raising, capital markets advisory and sovereign advisory. From an industry standpoint, H&P has particular expertise in the metals and mining, and oil and gas industries. Recent transactions include advising on the hostile acquisition of Petroceltic International by activist hedge fund Worldview, the $208 million hostile takeover of Asia Resource Minerals by the Sinarmas Group and Argyle Street hedge fund, and the $235 million acquisition of London Mining by Timis Mining Corporation.

H&P's Chief Executive Officer Neil Passmore stated, "London has long been amongst the most international of global financial markets. We are delighted to be able to work within a strong and trusted alliance in helping bring both local and London centric advice to clients around the world."

The Alliance was established in 2014 to enhance each member firm's cross-border deal execution capabilities by providing their clients access to a global network of special situations investment banking professionals as well as their respective in-region buyer, investor and lender networks. In addition, the Alliance allows GSS member firms to better market their services globally through cross-referrals, joint pitches and engagements. Services provided by member firms include mergers and acquisitions, corporate finance, capital raising, valuation, financial restructuring and bankruptcy/insolvency advisory.

"We are excited to add H&P as a member. They are one of the more entrepreneurial and globally oriented boutique firms in the U.K. and a perfect addition to our growing alliance," said Virender Pankaj of L&T Infrastructure Finance Company Limited.

GSS is in active discussions with potential members covering other major economic centers across the world. "Through GSS membership, firms are better equipped to serve clients with international footprints while still offering the culture and personal touch of a boutique firm," said Lampros Vassillou of Teak Capital Corporation.