What's Happening?
Nathan Reay has been appointed to lead the technology, media, and telecommunications (TMT) sector at Forvis Mazars in the UK. This strategic appointment comes as the UK TMT sector has seen significant
activity, with 307 deals in the first half of 2025, making it the second most active segment after industrials. Reay, an experienced investment banker and former C-suite executive, brings 25 years of global strategy and M&A experience to the role. He will be responsible for expanding Forvis Mazars' TMT offerings both in the UK and internationally, leveraging his extensive background in leading strategy for media companies and overseeing global investments.
Why It's Important?
The appointment of Nathan Reay is crucial for Forvis Mazars as it seeks to capitalize on the active M&A market within the TMT sector. With deal volumes remaining low overall, the TMT sector's activity presents an opportunity for growth and strategic expansion. Reay's experience in advising, operating, and managing TMT companies positions him to drive operational efficiencies and support strategic growth ambitions for clients. His leadership is expected to enhance Forvis Mazars' ability to offer comprehensive services and expertise to TMT clients, potentially leading to increased market share and influence in the sector.
What's Next?
Nathan Reay's leadership is anticipated to bring a 360-degree perspective to Forvis Mazars' clients, combining advisory, executive, and investment expertise. He aims to assist clients in developing and executing strategic plans, whether at a fund, corporate, or private company level. As the TMT sector continues to be a focal point for M&A activity, Forvis Mazars may see increased demand for its services, potentially leading to further expansion and strategic partnerships. Reay's role will be pivotal in navigating the evolving landscape and maximizing opportunities for growth.
Beyond the Headlines
Reay's appointment highlights the growing importance of the TMT sector in the global economy, particularly in the UK. As technology and media continue to drive innovation and change, companies in these sectors face unique challenges and opportunities. Forvis Mazars' focus on TMT reflects a broader trend of professional services firms investing in specialized expertise to meet the needs of dynamic industries. This move may also signal increased competition among firms to attract top talent and secure leadership positions in key sectors.
