Member Article

BDO North advises on over £350m of transactions in buoyant market

• The M&A lead advisory team across the North, including Leeds and Manchester, has advised on 10 multi-million pound deals in recent months
• Transaction values reach over £350 million in active deals.

BDO has advised on over £350 million worth of deals across the North, with the Leeds team completing four deals in seven weeks, as M&A activity in Yorkshire continues to accelerate.

M&A teams in both Leeds and Manchester have completed 10 transactions in total in the last two quarters, which have attracted strong levels of private equity investment, as well as cross-border interest.

High-profile deals include the sale of logistics firm, Cygnia to Wincanton plc; the sale of portable building manufacturer, the Thurston Group to private industrial investment group, The HLD Group of Companies; the sale of luxury books specialist Kingsbury Press Holdings to Bluetree Design and Print; and the investment in Leeds-based thebigword Group – a global language technology company – by US-based equity investor, Susquehanna Private Capital.

Jason Whitworth, M&A partner at BDO LLP in Leeds, said: “Deal activity across the North has accelerated over the year and continues to remain high, thanks to pent-up demand in key sectors and an investor community that is rich with capital and eager to do business.

“As such, fast-growth and highly scalable businesses in the region are attracting an exceptional level of attention from both UK and international trade and institutional investors, as they look to strengthen their portfolio, diversify their offering, and expand their geographical footprint in a post-pandemic market.”

This was posted in Bdaily's Members' News section by Emma McCallum .