We’ve completed over £54m of Corporate Finance deals in the past six months

Category: Corporate Finance - Posted On: Dec 2 2019

Despite the uncertainty surrounding the UK economy with regards to the Brexit debate, which has undoubtedly influenced business confidence, our EQ Corporate Finance (CF) team have continued to be involved in a significant number of deals over the past six months.

We support our clients in relation to all aspects of CF work and most recently we have dealt with a variety of business purchases, sales, reconstructions, refinancing or grant funding projects.

We’ve analysed what we’ve achieved over the past six months, amounting to over £54m of deals done that can be seen below.

Type of DealNumber of DealsTotal Value of Deals
Business Sale8£12,920,000
Business Purchase15£15,482,000
Grant Funding3£1,070,000

On top of the deals settled, we have undertaken over 25 business reconstructions in the same period. When new clients are secured it’s always useful to take a fresh look at many aspects of the business. In doing this we have been surprised at the extent of poorly conceived business structures which we have discovered, which can often be a major barrier to progress being achieved.

David Morrison, Partner in our Dundee office commented, “Despite the uncertainty in the global economy, entrepreneurs still look to be active and the evidence of the deals undertaken in the past six months indicates a strong and vibrant local economy. We take the view of getting the deal done, i.e. to assist in completion, not to get in the way of it. It’s amazing what can be achieved with a “can do” attitude”.

As we look forward to the next 6 months, there are early indications that activity levels within the Corporate Finance market will be maintained or increase and we look forward to continuing to help clients achieve their goals. We reiterate that it is our role is to assist our clients to get the deal done.

For more information on any of these deals, or to discuss any Corporate Finance matter, please contact us via corporatefinance@eqaccountants.co.uk or by calling one of our offices.