Corporate finance firm hails record start to financial year

Springboard Corporate Finance, which has an office in Birmingham, has seen a record start to its financial year with seven deal completions since May 1.

Springboard has advised on four sales and three acquisitions with notable deals including the sales of Coventry-based clinical research operation Medinova to Nasdaq-listed ICON plc; Nottingham-based manufacturer Natgraph to Indutrade AB of Sweden; dg8 design and engineering,and a Derby based transport consultancy to Icomera, the world’s leading provider of wireless internet connectivity for public transport.

Springboard has also advised the partners of Vine Property Management on the £40m merger with Fisher German, while the firm has also provided debt advisory services to longstanding client, building products manufacturer JB Kind.

Springboard partner Simon Ward said: “We are delighted with the recent completions, demonstrating continuing buoyancy in the mid-market. Delivering strategic sales to overseas and UK acquirors remains a key focus and this has been a real feature over recent months.

“We have been privileged to work with some great clients and to identify buyers for and then execute some fantastic deals. Springboard remains as committed as ever to providing advice on both the buy and sell side of deals and we are pleased to have helped JB Kind as well as a number of our longstanding private equity clients. Our pipeline is strong and we remain positive on the outlook for the market.”