Accountants PKF Francis Clark has appointed Paul Stout to lead its 17-strong corporate finance team in Dorset and Hampshire.

Paul, previously at Grant Thornton, has worked closely with the region’s banks, lawyers and venture capitalists to complete some high quality transactions.

In the last 12 months they have included the sale of Pinnacle Foods, the acquisition of ITEC for VTCT and the sale of Utility Funding Limited.

Andrew Killick, PKF Francis Clark’s head of corporate finance, said: “On the back of another record year for the corporate finance team, Paul’s appointment gives us additional geographical reach and depth to continue the growth of our advisory services.

“The funding climate combined with the current strength of valuation multiples and a favourable capital gains tax regime makes it an ideal time for entrepreneurs to undertake transactions. Paul is regarded as a real ‘big hitter’ in the sector and his appointment will help us assist more clients to achieve their plans.”

Paul, a graduate of the University of Southampton, added: "There are a large number of opportunities across the South coast market and we are continuing to see an upturn in M&A (mergers and acquisitions) activity and enquiries."