Clearwater affiliate recognised for global dealmaking
IMAP, the global partnership of leading M&A and corporate finance firms of which Birmingham-based Clearwater Corporate Finance is the UK partner, has consolidated its position as the world’s leading advisory network for mid-market deals in the latest Thomson Reuters rankings.
IMAP is ranked seventh in the worldwide mid-market rankings for 2012 after completing 196 transactions. It makes IMAP the highest-ranked advisory network and is above firms including Deloitte and Barclays.
In the UK, IMAP is in eighth position for completed transaction in 2012, with 31 deals. IMAP is ranked above M&A advisers including Deloitte, Morgan Stanley, Lazard and Ernst & Young.
For the European market, the Thomson Reuters analysis named IMAP as the fourth most active adviser during 2012, with only PwC, KPMG and Rothschild completing more deals. European advisers in the IMAP network worked on 135 transactions during the year.
IMAP is ranked second in the advisory rankings for Eastern Europe, third in the Nordic region and fourth in the German market.
Mike Reeves, managing partner of Clearwater Corporate Finance and IMAP board member, said: “Once again IMAP has proved itself to be the leading network of mid-market M&A advisers in the world. Our strength is our presence in major markets across the globe, including Europe, the US, China and India.
“We are confident as we begin 2013. External factors weighing on investors’ minds, like the Eurozone crisis and the budget stalemate in the US, have receded somewhat, even if they have not disappeared altogether. Cross-border transactions will be of major importance for our key markets this year, particularly as Asian investors continue to look to the west for deal activity.”
IMAP, the exclusive global partnership of leading M&A advisory firms, was formed in 1971.
Key deals advised on by Clearwater during 2012 include the investment in Pizza Hut UK by private equity group Rutland Partners; the sale of home improvement brand Everest to Better Capital; and the acquisition of IT solutions business Capula for Dutch-based Imtech.
