GCA Savvian Group Co., Japan's biggest stand-alone takeover advisory firm, plans to increase hiring in the U.K. and U.S. to win more cross-border deals.
Advisors in its London office, of whom now there are only three, may rise to as many as 40 in two years, Representative Director Akihiro Watanabe said. Advisors in the U.S. could rise to as many as 120 from 67 currently, he said, without specifying a time frame.
GCA Savvian this year advised Innovation Interactive LLC, a New York-based digital marketing company, on its sale to Dentsu Inc., and East Japan Railway Co. on its takeover of the Kinokuniya Group's supermarket chain.
The company, formed by GCA Holdings Corp.'s acquisition of San Francisco-based Savvian LLC in 2007, forecasts net income of ¥100 million this year after posting a loss of ¥467 million last year.