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

pulse

January 4, 2018 8:31 AM

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.

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.

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.

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