Grant Thornton has confirmed the appointment of Daniel Mastroianni to head up its new debt advisory specialist arm.
The firm has historically provided debt advisory services, and will now have a business division dedicated to this service provision.
Speaking to Accountants Daily, Mr Mastroianni said there is a “very concerted plan” to grow the division.
He said the service will be meeting the requirements of existing clients, and is eyeing the medium-size business market.
“There will be smaller clients who require assistance and we are happy to help them, but the most common and typical client will be the small to mid-size ones, who have larger facilities and a greater need to negotiate,” Mr Mastroianni said.
Chief executive of Grant Thornton, Greg Keith, is buoyed by the latest move.
“We’re delighted to welcome Daniel to lead our Debt Advisory service, ensuring mid-size businesses have access to independent advice in obtaining the best debt funding solution that will accommodate their growth potential,” he said.
“We’re listening to our clients and adapting our advisory services to ensure we’re continually meeting their growth needs. Our new debt advisory service led by Daniel further broadens our capabilities and is an important part of our ongoing commitment to be the leading growth advisor to mid-size business,” he said.