Retailers have paid tribute to retail financier Dan Yealland, who has passed away.

Yealland, who played a key role in several big retail sector deals, worked for UBS from 1997 until 2005 and then Goldman Sachs until 2011 before teaming up with Wiggle chairman and former Asda chief executive Andy Bond to launch investment vehicle, Sparetop.

He worked on transactions including Malcolm Walker’s £1.4bn buy-out of Iceland and Bibby Line Group’s acquisition of Costcutter in the last year.

Bond said: “Dan was a wonderful colleague and friend. He epitomised the things I value most in life; energy, commitment and integrity. He brought positive energy and intellect to all he did.

“Dan’s untimely death is so sad and he will be sorely missed by colleagues, friends and family. My heart goes out to his wife and young children.”

Morrisons chief financial officer Richard Pennycook said: “He was very active in retail and extremely knowledgeable. When he left Goldman Sachs he continued in his own vein and was still very influential, which is a reflection of his excellent reputation. He was hugely bright but also very personable, charming and full of enthusiasm.”

Iceland founder Malcolm Walker said: “I only knew Dan a year but in that time he really became a true friend. He was an extraordinary person, a unique character and I shall really miss him.”

A University of Bristol economics graduate, Yealland worked in London and New York during his career.In his personal life he enjoyed travel, skiing, golf and tennis.

He died after complications during surgery, and leaves behind his wife Liska and three children.

His funeral will take place on November 15 at St George’s, Hanover Square, London at 2pm.