Ex-Enero CEO Matthew Melhuish Joins M&A Advisory Firm PCB Partners
Mergers and acquisitions advisory firm PCB Partners has today announced two appointments to further strengthen its team and international reach. They follow the recent appointment of PwC veterans Julian Brown and Peter Jacobs, and Frank founder Andrew Bloch.
Matthew Melhuish joins as a Board Advisor in Australia. Until recently Melhuish was CEO of Enero, a publicly listed marketing services company. Enero had previously acquired his business, BMF, as well as Frank – which was founded by fellow PCB advisor, Andrew Bloch.
Animesh Parihar joins as a Consultant and will help Indian pure play IT companies grow inorganically, both internationally and locally. He brings to PCB Partners over 40 years’ industry experience – most recently as Head of Global Delivery at the financial technology company, Finastra.
PCB Partners is a leading mergers & acquisitions advisory firm, rooted in entrepreneurial culture. They provide buy-side and sell-side services, with a focus on disruptive technologies, digital transformation, management consulting and creative marketing services businesses.
Matthew Melhuish has had a 35-year career in the marketing services sector – working across the UK, Europe, USA and Australia. As an entrepreneur he founded BMF, a market leading Australian creative agency which grew to 250 employees. He sold it to the Group in 2007. He then became Enero’s CEO and led the successful turn-around of this international group, including several crucial buy side transactions. He concluded his Enero role in March 2020.
Melhuish said: “PCB Partner’s entrepreneurial spirit and empathy for the entrepreneurial journey really sets them apart from others in this space. I’m excited to be joining them and look forward to bringing their very different approach to the Australian market.”
Based in Mumbai, Animesh Parihar has spent the last four years as Head of Global Delivery for Finastra, which is one of the world’s largest fintechs and works with over 9,000 customers, including 90 of the top 100 banks globally. Prior to that he has had senior positions at a number of global companies, including SAP, Oracle and Capgemini.
Animesh added: “In the last two decades the Indian IT sector has seen exceptional growth and these organisations have touched on almost every industry. But in the last couple of years it’s become abundantly clear that organic growth won’t be good enough – and that inorganic growth is the only way forward.
“I’m delighted to be joining PCB. It’s an incredible opportunity to really help Indian pure play IT companies grow inorganically, both internationally and locally.”
Commenting on the appointments, Ben Doltis said: “Tim and I are delighted that Matthew and Animesh have joined the PCB Partners’ family, they bring invaluable new international perspectives, which will really help us grow in their respective regions. I’m really excited to be working with them and for the future of our firm.”
PCB Partners was founded in 2018 by Ben Doltis and Tim Farazmand, after they met during the process of Ben selling his first consulting business. Tim was Managing Director at LDC, the private equity arm of Lloyds Bank – and Ben founded the SJB Group, building it into the market-leading executive search firm in digital and management consulting. After considering selling to Tim and LDC, Ben sold it to ManpowerGroup in 2013.
Although Doltis had decided not to sell his firm to LDC, Farazmand and Doltis still subsequently got together to create a very different kind of M&A advisory firm, which stayed true to Ben’s entrepreneurial heritage, while at the same time understanding the very specific needs of multinational corporations.
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