BDO celebrates year of 50 deals
The corporate finance team at Birmingham accountant BDO has advised on 50 deals in the past year. The sale of Bristol-based tool and equipment hire business, Brandon Hire marked the firm’s 50th transaction since August 2009.
The team also advised on deals for clients including ABB, Marfrig, Birmingham City FC, West Bromwich Albion, Green Compliance, LDC, Lyceum and Paperchase.
Roger Buckley, corporate finance partner at BDO Birmingham, said: “This level of activity is a fantastic achievement in this marketplace and shows the strength in depth of our corporate finance offering. We have been able to support both our private and publicly listed clients by offering local advice combined with international reach. This volume of deals has shown some interesting trends.
“We have found that private equity accounted for only a quarter of our activity in the last 12 months, with the remainder being driven by corporates. And the manufacturing, building products and financial services sectors have been particularly active. The key message from this headline is that buying or selling a business can still be an achievable ambition for many businessmen.”
