Burdale Financial Limited, a Wells Fargo company (Burdale), has demonstrated its long-term commitment to the North of England by expanding its team in Manchester through the appointment of Oliver Reece in the role of associate director, Structured Finance.  Reece has been recruited to support the continuing growth of the Burdale business, which was acquired by Wells Fargo in February 2012. He brings both corporate banking and corporate finance experience to help deliver flexible and innovative funding structures to regional businesses.  Reece joins from Barclays Corporate Bank where he was an associate director in Corporate Banking and prior to that he was a manager in the Corporate Finance team at Deloitte.

 “We are delighted to expand our team,” said Judith McMath, regional director of Burdale Financial. “Oliver will further enhance our regional offering by adding strength and depth to the business while also adding local coverage to better serve our customers.”
 
Reece's arrival enables Mark Metcalf, who has been with Burdale for over ten years in a deal structuring role, to head up the firm’s portfolio management operation in Manchester, further enhancing local relationships with regional customers. 

Burdale provides comprehensive asset-based lending structures (CABL) companies facing a variety of situations.  Recent deals completed include the £25M working capital facility provided to Sycamore Partners to support their acquisition of Kurt Geiger Limited earlier this month, along with  financing to support the acquisition of The Loch Lomond Distillery Company by Exponent Private Equity, and the £105M refinance of Ainscough Cranes last year.

Burdale Financial Limited, a Wells Fargo Company, provides comprehensive asset-based lending to a wide spectrum of companies across the U.K. with credit needs ranging from £10 million to £250 million. Established in 1992 and with offices in London, Birmingham and Manchester, we provide a flexible financing option for companies facing a variety of situations, including: growth, leveraged buyouts, refinancing, restructuring, early and mid-staged turnarounds, mergers and acquisitions.