Member Article

North West deals boom for Addleshaw Goodard

Addleshaw Goddard’s Manchester Mergers and Acquisitions team has acted on key North West deals totalling over £860m - in the last three weeks alone.

The list of deals is a who’s who of the key M&A activity in the region - the Co-operative Group’s £620m sale of its retail pharmacy business, the investment in The Hut’s by a consortium of investors led by KKR, Capita’s £18.2m acquisition of Monarch Education, the takeover bid for listed company Pochin’s plc and Assura’s acquisition of The One Life Medical Centre.

It also includes two of the top regional private equity deals: NorthEdge Capital’s investment in Accrol at a value of £66m and Equistone’s investment in Concept Life Science at a value of £58m.

The team also advised private equity house LDC on its investment in Stroma in May.

Roger Hart, M&A and ECM partner at Addleshaw Goddard, said: “The best businesses do the best deals, and we’re seeing the benefit of having close relationships with most of the top businesses in the north west. Our pipeline of M&A and IPOs is excellent”.

Paul Medlicott, head of private equity at Addleshaw Goddard, said: “There has been a real change in pace in the deals market, and in particular, private equity activity”.

This was posted in Bdaily's Members' News section by Simon Malia .