Confidence returns to M&A market
Fri, 21st November 2014

Confidence returns to M&A market

Law firm Harrison Clark Rickerbys has advised on deals worth more than £100m in six months and said the mergers and acquisitions marketplace continued to be buoyant.

Its 20-strong corporate team, based at offices in Worcester, Birmingham, Hereford, Ross-on-Wye, Cheltenham and Thames Valley, advised on 63 sales, M&As and exits totalling more than £100m between April and September 2014.

It said a number of the deal were acquisitions and investments, reflecting an "increasingly positive outlook".

The firm assisted Cheltenham investment organisation Angels4Angels to make a financial investment in Bristol-based Premier Employer Solutions and advised Gloucester mobile healthcare provider Vanguard Healthcare Solutions on a £16.5m refinancing deal with AIB bank.

Harrison Clark Rickerbys' managing partner Rod Thomas said: "The mergers and acquisitions marketplace continues to be buoyant at this time.

"This is reflected across all sectors, but in particular we have seen a number of strong transactions in manufacturing and IT.

"The general sense of confidence which has spread both to the business community, and increasingly to lending institutions, suggest that the next six months will remain equally strong."

But Thomas warned that uncertainty in the eurozone could see companies with a large international presence remaining cautious.

category South West  |  source Insider Media