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Blusource launches new corporate finance recruitment service

One of the UK's leading professional services recruitment agencies is set to expand again after setting up a new corporate finance arm.

Blusource, which has expanded over the last two years to have offices in Nottingham, Birmingham, Reading, Cambridge, Bristol, Manchester and Leeds has, since it was set up in 2008, become a reputable brand supplying talent to national and regional accountancy firms.

Now, with an upturn in the dealmaking sector, Blusource has opened a corporate finance desk. The new arm of the company will be headed up by Dan Rogers, Head of Accountancy at Blusource, who has initially recruited Robert Muncaster to lead the headhunting team.

Blusource CF will not only supply talent to accountancy practice corporate finance teams, but also to boutique private equity houses, investment houses and specialist corporate finance firms.

Andrew Springhall, CEO of Blusource, said: "We've decided to enter the corporate finance market due to demand. Values and volumes of deals being done are now back to pre-recessionary levels, and many firms are now hunting for staff to push deals over the line.

"Because Blusource has a long history of working with the top accountancy firms, we have an impressive list of high-profile contacts looking to take the next step in their careers. We'd urge anyone out there looking to expand their corporate finance teams, or individuals who want to move to the next level, to get in touch with us for a confidential chat."

Recent figures from The Centre for Management Buy-Out Research showed that, nationally, the results for 2015 were in line with the total value of deals recorded in 2010 and ahead of the £18.4bn mark recorded in 2008.

The UK exit market has also reached record values with a total exit value standing at nearly £47bn in contrast with £36bn in 2014.  However, the number of exits looks set to be lower than the previous year with 194 exits (excluding creditor exits) in 2014 and 168 exits (excluding creditor exits) in 2015 – reflecting the return of larger exits supported by a strong pool of international trade buyers and the return of public markets as a viable exit route.