PKF Francis Clark has been recognised as the most active South West financial adviser by the volume of deals in the latest Experian Deal Review.
The Experian Deal Review and League Tables Q3 2017, examines transactions which include mergers and acquisitions, and equity capital markets and deals, all completed within the first nine months of the year. The review reveals the most active legal and professional service firms in the South West.
Large sized transactions were up in 2017 as 12 deals worth a total of £3.2bn were conducted in the South- West, a 30% rise in volume and 2% rise in value, from nine recorded transactions worth £3.1bn in 2016.
The report found that 333 transactions have been announced in the South West so far this year, a decline of 30 per cent on the 475 deals recorded during the same period of 2016. Deal values have also fallen by 7 per cent, from £4.6bn to £4.3bn.
The Financial Services sector saw an increase in both volume and value up 11% on the 55 deals in 2016 to 61 transactions worth £2.4bn in total. Six of the 11 sectors saw a growth in their value figures, including info-comms, where volumes dipped by 17% but value was up by some 85%.
The manufacturing industry is the busiest sector for mergers and acquisitions (M&A) over the year to date, despite a 30 per cent decline in activity from 131 transactions in 2016, down to 91 in 2017.
PKF Francis Clark is named as the most active financial adviser with 17 recorded deals.
Andy Killick, Corporate Finance Partner commented:
“The Team at PKF Francis Clark have seen strong levels of activity over the first 9 months of 2017 and have successfully completed a number of complex and significant deals.
“At PKF Francis Clark we work with organisations throughout the UK and the World advising on a whole range of deal types including management buyouts, business disposals, acquisitions, due diligence, fundraising and grant advisory. We are delighted to have been able to help our clients successfully execute their transactions, ensuring they are well positioned for future growth and prosperity.”