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Independent adviser of the Week: Ondra Partners

The boutique adviser, which earlier this week reported a more than doubling of pre-tax profits for the year to March 31, is working on the £1.7bn sale of Invensys's rail division

A £1.7bn advisory mandate from the engineering sector gave boutique Ondra Partners added cause for celebration this week.

Ondra was named as an adviser to UK engineering firm Invensys on the sale of its rail division. News of the mandate came just days after Financial News reported that the advisory firm more than doubled its pre-tax profits over its last fiscal year.

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