Daresbury-headquartered independent advisory firm Dow Schofield Watts has launched Pangea M&A, a new international network of corporate finance advisers.

Pangea M&A initially brings the firm together with partners in the US, Australia, Canada, France, Italy, Portugal, the Netherlands, Poland, Sweden and Ireland, representing more than 60 office locations between them. A number of additional partners are expected to be announced in the coming months.

The partners will work together to support international mergers and acquisitions on behalf of their clients, seeking out opportunities, sharing expertise and contacts, and providing clients with strategic advice and local market insight.

Dave Graham, the director of Dow Schofield Watts who has led the creation of Pangea M&A, said: ”The continued importance of the UK for both inbound and outbound M&A activity, together with the current uncertainties surrounding Brexit and the changing political and economic environment across the world, make it even more important that our clients can tap into local expertise in overseas markets and access the widest pool of buyers and acquisition opportunities.

”Having reviewed the opportunities available from other international networks, we decided to build our own. Pangea will allow easy and straightforward communication between the partners and will play a proactive role to deliver real value to clients.”

James Dow, founding partner of Dow Schofield Watts, added: ”The creation of Pangea by Dow Schofield Watts is another important step in the development of our business to provide clients with a genuine alternative to the services provided by the ’Big Four’. Pangea allows us to access proven corporate finance capability in all the major financial markets for international M&A.”

Pangea, derived from the Greek words for ’all earth’, is the name given to the supercontinent that incorporated all of the landmasses on Earth millions of years ago.