ADVERTISEMENT

The 3 partners of a boutique Mayfair M&A firm made £63 million between them last year

Robey Warshaw brought in £72.7 million in revenue in the year ended March 31, 2017, after scoring roles on a series of huge takeover deals.

  • Three partners of M&A boutique Robey Warshaw shared profits of more than £63 million, according to latest accounts.
  • Profits up by around 75% on the previous year after bagging roles on series of huge takeover deals.
  • Partner with the biggest share made £37 million.
ADVERTISEMENT

LONDON – The three partners of Robey Warshaw, a Mayfair-based M&A advisory firm, shared a profit pool of £63.3 million ($85.2 million) last year, according to accounts filed on Wednesday.

The firm brought in £72.7 million in revenue in the year ended March 31, 2017, an increase of around 70% on the previous year, after scoring roles on a series of huge takeover deals. The firm advised Reckitt Benckiser on its $17 billion offer for baby-formula maker Mead Johnson Nutrition, among others.

Robey Warshaw paid out £8.9 million in salaries to just 13 members of staff, giving an average pay packet of £684,000.

ADVERTISEMENT

The boutique is growing fee revenue rapidly. It earned £23.9 million in the year ended March 31, 2015, according to accounts filed in 2016. Robey Warshaw looks set to continue its stunning form, earning a place in the top 10 M&A boutiques in the world last year.

Former Morgan Stanley and UBS bankers Sir Simon Robey and Simon Warshaw advised on at least four mega-deals worth a total of $67 billion (£54.1 million) in 2016, the period captured by the latest accounts, against a backdrop of a cooling M&A market, according to figures from Dealogic.

Robey Warshaw did not immediately respond to an email seeking comment.

FOLLOW BUSINESS INSIDER AFRICA

Unblock notifications in browser settings.
ADVERTISEMENT

Recommended articles

10 African countries with the lowest life expectancy according to the World Bank

10 African countries with the lowest life expectancy according to the World Bank

Kenyan women are more obese than their men - here’s why

Kenyan women are more obese than their men - here’s why

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

Africa’s richest man Dangote stands between Europe and $17 billion in revenue

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

After months of exchanging blows, Kenya and Uganda takes steps towards resolution

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

Africa's first black billionaire could join $2.9 billion Vivendi bid for MultiChoice

10 most dangerous African countries in 2024

10 most dangerous African countries in 2024

Russia’s nuclear influence expands further north of Africa

Russia’s nuclear influence expands further north of Africa

Navigating the future: How AI transforms selling on Amazon

Navigating the future: How AI transforms selling on Amazon

Wall decor tips: Transforming your space with style and creativity

Wall decor tips: Transforming your space with style and creativity

ADVERTISEMENT