Partner Article

Central and East deals team hails strong six months, with busy summer expected

Grant Thornton UK LLP’s Central and East Corporate Finance team has reported a strong first half of 2023, with a busy summer of transactions to come.

Over the first six months of 2023, the team based across the East of England, has led a series of stand-out regional deals.

These include AK Retail’s acquisition of the M&Co fashion brand, the sale of family-owned Peterborough recycling company BW Riddle to Harwood Private Capital and the investment in Cambridge-based healthcare innovator MAP Patient Access by specialist health and life science investor Kester Capital.

Partner Mike Tillson said: “Our strong first half performance is testament to the team’s experience and ability to complete deals despite challenging market conditions.”

Stuart Davies, Director in the team added: “We are expecting a very busy summer, which is encouraging as transactions continue to progress.

“While deals are taking longer to complete, unsurprising due to the macro-economic headwinds, both private equity investors and corporates with strong balance sheets are ready to transact for quality assets. We have a strong pipeline and are upbeat on prospects for the remainder of this year.”

This was posted in Bdaily's Members' News section by John Robson .