Audit, tax and consulting firm RSM has reached the top spot in the Q1 Experian league table of the most active M&A advisers in the UK, up from third position last year.
In total, RSM, which has offices in Reading and Chandlers Ford, advised on 29 deals in the first quarter of 2018, four more than its closest rival. The firm also claimed first place in the South East of England, second in Wales and third in the Midlands.
UK-wide, there were 1,423 deals announced in Q1, a decline of 26% from the 1,910 transactions recorded during the first quarter of 2017, the slowest start to a year since 2013. However, the total value of UK deals reached £84.6 billion, up by just under 1% from the £83.8b worth of deals carried out in the first quarter of 2017.
RSM’s M&A and private equity team advised on number of high-profile deals during the quarter including Pentland plc’s acquisition of cycling brand Endura and The Mailing Room’s acquisition of MailServe.
Rob Donaldson, head of corporate finance at RSM, said: "The M&A market is slightly subdued at present because of Brexit uncertainty but well-presented businesses continue to attract strong interest, particularly from private equity investors.
"To have grown our share of the market despite a drop in overall deal numbers is very gratifying and reflects the hard work being done by our corporate finance teams right across the country."
Bath-based Future plc, the publisher of specialist online and print magazines, said trading in its…
The university of Bristol was one of six organisations to receive a contract from the…
Oxford BioDynamics Plc is teaming up with researchers at King's College London in a bid…
More than a quarter of a million extra construction workers are needed in the UK…
Kent-based housebuilder Vistry revealed it was on track to deliver more than 10% growth in…
A Dorset-based company, which has developed ground-breaking technology to recycle plastic waste and turn it…