Grant Thornton hails 2012 deals success
ACCOUNTANCY firm Grant Thornton has retained its position as the leading financial adviser by deal volume during 2012.
Data from Experian Corpfin confirmed GT as the number one financial adviser, having acted on 121 transactions in the year. This is the second year Grant Thornton has topped the annual ranking and was achieved despite the total volume of industry deals falling by 3%.
The most active sector for deals were: technology (30), manufacturing and industrial (26) and technology (21).
Ali Sharifi, a partner at Grant Thornton North West, said: “Despite economic conditions remaining tough throughout 2012, we have grown our market share and are delighted to be confirmed as the number one deal advisers by reported volume of deals.
“The UK has strong, established businesses and continues to be seen as a safe entry point to access European markets.”
He added: “It is not surprising to see technology, manufacturing and industrial companies continuing to forge deals as they are heavily reliant on technical expertise, research & development and intellectual property, areas where UK companies have strong offerings.”
Major deals for Grant Thornton’s corporate finance team in the North West during 2012 have included the sale of Pochin Concrete Pumping Limited to Alcedo Construction, and the Edward Billington & Son acquisition of Bar & Restaurant Foods.
