Armstrong Watson dealmakers hail vibrant 2014
Dealmakers at Armstrong Watson have achieved their most active period of new projects and deals completed for five years, the firm has said.
The accountancy firm, shortlisted for Mid-Market Firm of the Year at the Insider Dealmakers Awards 2014 last week, recently brought its Yorkshire corporate finance team, led by partner Phil Bailey, together under one roof at 10 South Parade in Leeds.
Armstrong Watson said working on a "day to day" basis with owner-managed and family business clients was fundamental to the team's success, allowing strong working relationships and an understanding of the owners' aspirations and objectives to be established.
As a result, the team has been involved at the very early stages of a company's development, well ahead of any discussions on a future sale, acquisition or any other transaction-based event.
Clients such as Badgequo, a Silsden-based cosmetics company backed by Finance Yorkshire, have praised the approach.
Badgequo managing director Kai Arter said: "It's about having someone who is independent to the business but who has a detailed knowledge of the business.
"This outside perspective is invaluable; as a business owner it's easy to get caught up in the day-to-day running of the business, and lose sight of the bigger picture. This really helps us to make the right decisions."
Phil Bailey added: "Being an independent sounding board to clients and offering advisory input on a long-term relationship basis is integral to the future objectives of our corporate finance team.
"We have ambitious plans for growth within the Yorkshire marketplace and this genuine added value approach will only benefit the wider business community."
PICTURE (l-r): Phil Bailey, Robert Wilkinson and Chris Wright.