Up to the end of September, the team completed 15 transactions with deals spanning a wide cross section of industries. And, in many cases, the deals were completed in record time despite the very difficult conditions due to the COVID-19 pandemic.
David Scrivener, Corporate Finance Partner, said “This is a fantastic achievement and a true reflection on how hard the team have worked over the last 9 months. Certainly, late March and April did see a brief dip in deals as companies took stock of the pandemic. However, this was temporary and the market quickly recovered.” He continued, “We are seeing a number of MBOs and Employee Ownership Trust transactions kick off as shareholder look for controlled exit processes. There are also a growing number of companies out there making strategic acquisitions where there is a strong strategic reason to do so, such as securing supply chain.”