Jamieson Corporate Finance, a management advisory firm based in London, is opening a Spanish office in a joint venture with Jose Basabe, it said in a statement.
Basabe (pictured), who has more than 20 years-experience working in private equity and investment banking, will head up the new office, called Jamieson & Basabe. He will be responsible for sourcing and executing management advisory mandates in the Spanish market.
The move into Spain follows a similar expansion in the US last month, with Jamieson opening its first international office in New York. John Greenland, an existing managing partner at the firm, will lead the unit.
The Spanish office opening comes as an increase in investment opportunities in the country hits the market.
Ian Jamieson, founder and chief executive of Jamieson, said: “Spain’s economic ill-fortune was well-documented throughout the financial crisis. However, we have seen a growing number of opportunities in the region and have taken the decision to act quickly and open our second international business, Jamieson & Basabe.”
Basabe has worked as an independent consultant advising on corporate strategy and restructuring since 2010. Prior to this, he spent eight years with ABN Amro Capital as co-head of its Spanish private equity team. Previously he worked at Bank of America, rising to the position of head of corporate and investment banking in Spain, having spent 13 years there.
Jamieson said: “José’s broad experience in the private equity market and long established network of relationships will ensure he builds on Jamieson’s strong reputation for management advisory services within continental Europe.”