Investment bank completes £1bn-worth of northern deals in two weeks

A global investment bank has completed five northern deals worth over £1bn in the space of two weeks.

GCA Altium advised Vitruvian on its acquisition of Manchester-based Travel Counsellors and led the £217m IPO of LDC-backed Team 17 of Wakefield.

The firm was also involved in the £88m sale of Warrington-headquartered IESA to £3bn market cap Electrocomponents, advised management on the sale of Ripponden-based JLA to Cinven and NorthEdge on its acquisition of Cutwel, based in Cleckheaton.

Phil Adams, CEO at GCA Altium, said: “Our business has huge momentum currently, and what is particularly pleasing is that these particular deals illustrate the full range of our expertise, including IPOs, buyside and sell side private equity transactions, debt advice and global trade deals.”

GCA Altium advised on more than 50 European deals last year and the GCA group advised on well over 100 transactions globally.