Magazines
Newsletter
Advertise
Search
The Business Magazine - B2B Business News - Site Logo
The Business Magazine - B2B Business News - Site Logo
The Business Magazine July 2024
Read now
PICK YOUR EDITION

Cheltenham accountants celebrate "billion pound year"

The Business Magazine article image for: Cheltenham accountants celebrate
Hazlewoods
14 January 2025
Hazlewoods

Cheltenham-based Hazlewoods has completed M&A transactions worth more than £1.2 billion in 2024.

These include business sales, acquisitions, and growth funding for company expansion, the significant milestone was achieved with 134 deals across multiple sectors.

This represents a significant year-on-year increase for the Gloucestershire-based team in both the volume and value of transactions, with the number of deals rising by 20% compared to 2023.

While 20 per cent of the transactions related to companies based in the South West, 80 per cent of the deals had a national or overseas buyer or seller.

Richard Dade, Hazlewoods Corporate Finance Partner, said: "Our achievement in 2024 is a testament to the hard work, dedication, and unparalleled expertise of our growing Corporate Finance team, which now numbers close to 50 professionals.

“Reaching over £1 billion in deals not only underscores our commitment to excellence but also demonstrates our ability to adapt and deliver quality tailored advice and support across a diverse range of sectors.

“We look forward to continuing to drive growth and supporting our clients’ ambitions.”

As well as sustained transactions in the wider market, the Corporate Finance team advised on a notable volume of deals in key sector specialisms, including health, social care, and specialist education, veterinary, dental, pharmacy, insurance brokers, legal, and technology.

Hazlewoods Corporate Finance Director, Rich Grover, said: "This achievement is a reflection of the collective effort and strategic vision of our team, with the transactions contributing to job creation and retention, economic growth, and stability across the regions.

“Whilst the wider economic environment is not without its challenges, 2025 looks set to be an excellent year for M&A as buyers and sellers now have clarity on the taxation landscape.

“Significant appetite for acquisitions remains from Private Equity houses who are keen to deploy cash and trade buyers looking to consolidate market share.

“As business owners take stock of their circumstances at the beginning of the year, many are looking at growth capital or exit opportunities and we are experiencing a high number of enquiries.”

Hazlewoods is one of the largest independent accountants and business advisers in the South West, with over 550 employees across offices in Cheltenham, Bristol, Cardiff and London.


Share 

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe.

After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts.

She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

Latest deal ticket

All deals

Events

All events

Related news


Group Titles

Dorset BIZ NewsHampshire BIZ News
crossmenu