BDO’s Northern team completes £850m of deals despite uncertain conditions

BDO’s Northern corporate finance team has advised on more than 30 deals already in 2019, with a combined value in excess of £850m, despite economic and political uncertainty.

The team advises privately-owned, private equity-backed and FTSE-listed businesses across the North, nationally and internationally on mergers and acquisitions, transaction services (buy-side and sell-side due diligence), as well as tax advisory services.

Already this year the team has advised on a number of high profile regional deals including: advising wireless infrastructure specialist Spyder Facilities on its sale to global investment firm Digital Colony; advising Simon Sadler in relation to the acquisition of Blackpool Football Club; and advising process automation specialist Lambert Engineering on its sale to AIM-listed packaging solutions provider Mpac Group plc.

The team works across many sectors including manufacturing, consumer markets, technology, live events, recruitment, transport & logistics and business services.

Jason Whitworth, M&A partner at the Yorkshire office of BDO, said: “Despite political turbulence both here and globally, and with important Brexit decisions on the horizon, the team has had a busy start to the year, and it’s great to see that deal activity has remained strong. We look forward to seeing where the second half of 2019 will take us.”

The team’s success follows a period of expansion for BDO’s Northern corporate finance team with the appointment of M&A partner Rob McCann in Manchester.

Rob said: “it’s a fantastic time to have joined BDO and the corporate finance team, as we continue to grow and win work with high quality entrepreneurially-spirited businesses. I look forward to supporting our clients’ investment ambitions for the future.”