I thought this was an interesting article written by Mark Clephan at EY. In this Brexit fog that we all operate in, I often question why it is that we are seeing upturns in M&A transactions.
We are all well aware that there are significant private equity funds available for investing into UK businesses, particularly growth businesses. We are also aware that businesses have been relatively cash rich through the period of uncertainty of the last 10 years, ready and able to invest in themselves in the right circumstances, but tentative given the risks in the economic and political climate.
It is very welcome news that we are entering a period of investment by our middle market companies, with acquisitions seen as the key to building their capabilities, protecting against new to market disruptors and taking advantage of growth opportunities.
We are ready to assist, be that in connecting acquirers and those ready to exit, undertaking deal advisory work to source acquisitions or to ensure transactions occur on optimum terms, or working on the legal transactional documentation and project management.
67% of UK respondents were looking to transact in the next 12 months – the highest level recorded in a decade – compared to just 45% six months ago