Member Article

Three deals in three weeks for Newcastle’s Ryecroft Glenton

Newcastle-based corporate finance firm Ryecroft Glenton has advised on three completed transactions in as many weeks.

The business worked on deals including Solingen Private Equity’s investment into Leeds-based Academic Appointments, a Management Buyout (MBO) of IT services business DP Connect and the sale of a controlling equity stake in Newcastle-based tenant referencing business Van Mildert to London-based private equity house Aldington Capital.

Carl Swansbury, partner at Ryecroft Glenton Corporate Finance, said: “It is a noteworthy achievement for a corporate finance division of our size to complete three significant transactions is as many weeks.

“These transactions represent our diverse client base and the broad range of sectors we advise clients in, whilst demonstrating our capabilities to advise a range of different stakeholders on transactions, including vendors, purchasers, private equity investors and incumbent management teams in the successful delivery of transactions.”

Carl added: “This trio of transactions is also a good indication of the current Mergers and Acquisitions market.

“While this time last year the market was seeing businesses being sold to trade buyers looking to scale up their operations or expand their geographies, the notable difference in 2017 is the prevalence of mid-market private equity houses looking to invest in, or acquire, growing SMEs.

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