I love business. I get great satisfaction from seeing clients grow from ambitious beginnings to realising their goals, building strong relationships along the way and becoming a trusted adviser to both the business and the people behind it.
Andrew Beattie Business Advisory Services and Corporate Finance Director
Professional experience
Andrew is a Director and leads PKF Newcastle’s Business Advisory Services and Corporate Finance teams. With more than 20 years of experience across accounting, business advisory and banking, Andrew works with business owners through critical stages of growth, improvement, succession and sale.
Andrew advises businesses on improving performance, developing strategy, planning for growth, succession and sale readiness, corporate finance and business valuations. He works alongside business owners through some of their most important decisions, from setting a strategy for growth and improving performance to acquisitions, raising capital, succession and the eventual sale of a business.
Andrew works with clients nationally across a range of industries, with experience spanning health, pharmacy, veterinary, mining services, professional services and construction. He has particular experience working with family businesses, providing an independent perspective and accountability as they navigate important business decisions.
Before focusing his career in public practice, Andrew spent four years with a major banking institution in its corporate banking team. He takes a pragmatic approach to business advisory and works closely with many clients as a consultant or member of a board or advisory board.
For Andrew, good advice starts with understanding both the business and the people behind it. He values long-term relationships and the trust that comes from working alongside owners as their businesses evolve. He is also known for bringing people together and connecting clients with the right expertise and relationships when opportunities or challenges arise.
Selected client experience
Andrew’s work has seen him advise businesses through significant periods of growth, investment, acquisition, succession and sale. Selected examples include:
Advising an engineering business through six years of strategic growth, from $1 million to $19 million in revenue, culminating in a $42 million trade sale.
Implementing a performance and governance framework for a veterinary group, including chairing its advisory board and supporting four acquisitions as the business grew from $3 million to $30 million in revenue over 10 years.
Leading a $50 million fundraising exercise for a community housing organisation, including negotiating rates, terms and security structures.
Advising a privately held fitness industry start-up over eight years, including establishing its strategic plan and legal and tax structure, and negotiating a $23 million private equity placement to support further growth and expansion.
Acting as lead adviser on a $6 million management buyout as part of a facilitated succession plan for the founder of a technology business, including structuring and tax considerations for both sides of the transaction.
Giving back to the community
Giving back is an important part of Andrew’s life outside his work with clients. He has previously served as a director of Newcastle Grammar School, committee adviser to Merewether Carlton Rugby Club, Director and Treasurer of The Entrance Leagues Club Limited, Chairman of the Nat Cook Live Out Loud Foundation and director of Connectability Australia.
In recent years, Andrew’s commitment to community has seen him become actively involved in supporting the Mark Hughes Foundation and its fight against brain cancer. What began as a desire to contribute more than a financial donation has taken Andrew considerably outside his comfort zone.
Since taking on Mount Kilimanjaro in 2019, Andrew has completed the MHF Top End Challenge in Kakadu, the Everest Base Camp Twin Peak Summit and the Kokoda Back to Back challenge, covering more than 200 kilometres.
For Andrew, these experiences have reinforced many of the principles he also values in business: preparation, teamwork, resilience, continual improvement and having a common purpose bigger than yourself.
“I have got so much more out of these treks than I have given, and I have come to realise that, ‘Whether you think you can or you can’t… you’re right!’”
Qualifications and memberships
Bachelor of Commerce
Diploma of Financial Planning
Fellow of CPA Australia
Member of Chartered Accountants Australia and New Zealand (CA ANZ)
Graduate Australian Institute of Company Directors
Justice of the Peace
Director of Merewether Carlton
Non-Executive Director of Aviator Capital and Colterlec
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