Corporate advisory firm Montt Capital is carving out a larger slice for itself in the small-to-mid cap local market and strengthening ties throughout Australia and overseas.
The former O’Callaghan & Co rebadged itself earlier this month to signify its graduation to a full service corporate finance and advisory firm.
The firm, which gained a financial services licence a few months back, has grown from an initial duo to 13 employees within two years.
It was time to signify its expanded services and greater focus on corporate finance, Montt associate director of corporate finance Sam Willis said.
Mr Willis attributed the firm’s growth to a number of successes including IPO and acquisitions work with companies such as Kimberley Diamonds, Namakwa Diamonds, Independence Gold and Tritton Resources.
The primary focus of the firm will remain with small-to-mid cap resources clients with quality people and projects, Mr Willis said.
The firm, which put on four new advisers this year, is expecting further growth.
Led by founder, principal and chief executive officer Jon O'Callaghan, the firm boasts law, economics and commerce, finance, accounting, geology and stockbroking expertise.
"We are very busy, even in a poor market," Mr Willis said.
The firm continues to strengthen its ties in Eastern Australia, particularly with a view to attracting greater interest for clients from the mid-to-long term investment market.
Rationalisation within some mining sectors was producing a dearth of smaller companies with producing assets, but also presenting some good acquisition opportunities, Mr Willis said.
And although Montt had no plans to list itself while focusing on growth and development plans, Mr Wills said the firm would not discourage clients from such plans.
"The market will turn, and there is no better time than now for quality groups to get prepared for an IPO," he said.
