A boutique advisory firm has won around half a dozen "substantial" mandates for corporate and private equity clients in its first six months amid signs of "a stronger marketplace for corporate activity", its founder has claimed.

Glasgow-based Lomond Advisory started trading in September 2012, offering "ongoing advice, rather than simply transaction management".

Founder Paul Mason, 36, was previously head of Mazars corporate finance business and worked in Scotland with Brewin Dolphin, Quayle Munro; with Deutsche Bank in London; and as a management consultant across Europe in the 1990s.

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He said: "It may surprise some that we have launched Lomond Advisory against the backdrop of the current climate. However, it is exactly this climate that makes good corporate finance advice so fundamental for businesses.

"The old rules no longer apply and firms must understand the new landscape, and seek advice that can support their ambitions to grow, to restructure, to acquire or to obtain funding in these still challenging times.

"Having all come from large advisory firms, we at Lomond Advisory have comprehensive experience of working for – and with – large organisations; but as an independent advisory boutique we are able to offer flexibility and our full senior attention to our clients.

"We don't sell products: for us it is absolutely about providing best advice to that client, for their particular situation."

Lomond Advisory specialises in funding businesses; mergers and acquisitions; company disposals; and broader acquisition and growth strategy. Client firms include UK-wide businesses raising and restructuring existing finance, and Scots-based companies involved in M&A transactions. The firm's first completed transaction, a divisional disposal, closed at the turn of 2012.