EY welcomes a new Strategy and Transactions (SaT) sector leader for Telecoms, Media and Technology (TMT) as UK deals activity continues to surge.
Will Fisher has spent the past 21 years working in the UK TMT sector. His experience spans a broad range of TMT sub-sectors including; information/data services, advertising, marketing services, TV production, software, Telco and FinTech. He leads on projects for large companies across all aspects of transactions such as: buy, sell and capital markets which often include Private Equity and cross-border deal activity.
In his new role Will is responsible for leading and expanding the SaT TMT team, with both revenue and headcount predicted to double in the next four years demonstrating EY’s continued commitment to and investment the sector.
Will has assumed the role of UK TMT SaT Leader at EY at a time when the UK’s appetite for mergers and acquisitions (M&A) runs at pace – ahead of the US and the Global average. According to the latest edition of the EY Capital Confidence Barometer, most UK executives (57%) are planning M&A activity in 2021 – ahead of the US (45%) and the global average (49%).
The drive for increased technology capabilities by large UK corporates has also been identified as a key area of focus this year with 65% of UK executives stating they had increased investment in digital transformation.
Will Fisher, UK TMT Strategy and Transactions Leader at EY, said: “The deals market is running hot in the UK, particularly within the TMT sector as investors review and reshape their portfolios. There is a competitive tension that business leaders want to get ahead of, now is the time to redirect capital. There is no luxury of time for buy and build; quick but careful strategic decisions made now will prove their value within a relatively short period of time.
“The pandemic has only accelerated the timeline for the wholescale embrace of new technologies and telecoms infrastructure. Consumer data has increased significantly, resulting in valuable insights, as people dialled up their online shopping habits while the shift to working from home has driven an insatiable demand for emerging tech.”
Will started his career with EY in Brisbane, Australia in 1995 while simultaneously completing a degree in Finance, Law and Economics from The University of Queensland. He graduated with a Bachelors of Commerce (BCom) in 1997 and qualified as a Chartered Accountant in 2000.
Praveen Shankar, EY’s Head of Technology, Media and Telecommunications (TMT) for the UK & Ireland said: “Will’s appointment as leader of our TMT deals’ team is another demonstration of EY’s sector specialism within TMT offering an impressive breadth and depth of capabilities to our clients. The extensive experience of Will and his team will ensure trusted guidance through the largest, most complex deals.”