RSM UK in the North West region has advised on over 48 deals this year, with a combined value of over £1bn, seeing a significant increase from the £400m deal values in 2020.
The team has advised on a range of high-profile deals in 2021, including the sale of the Protec Group to Bosch, multiple transactions for a number the region’s private equity clients including LDC, NorthEdge Capital, LivingBridge and Key Capital Partners, as well as London-based and international private equity funds who have invested in the region.
Following a record year, RSM has also invested heavily in the team, appointing Sam Dalziel and Rikesh Patel to Directors in the Due Diligence and Mergers & Acquisition teams respectively, and ten further recruits spanning graduates to experienced hires, with the overall regional Corporate Finance team now 32 strong. The exceptional performance in the region also saw James Wild appointed as RSM’s National Head of M&A.
Nationally RSM UK’s corporate finance practice has acted on over 240 deals this year, with a combined value of £4.1bn across the UK – showcasing a record year for the corporate finance practice.
Rob McCarthy, Corporate Finance Regional Managing Partner at RSM UK, said:
‘After a bumper Q1, when the threat of capital gains tax increases accelerated deals activity, deal volumes and values have remained at unprecedented levels throughout 2021 due to the continued ambition of private equity investors, low cost of capital for corporates and rising appetite by owners to consider their exit options, especially in the light of coronavirus.
‘We have invested in senior talent over the last couple of years, alongside continued emphasis on developing our people at all levels. Our clients value the senior led, pragmatic ‘deal craft’ we are known for in the market.’
James Wild, National Head of Mergers & Acquisitions at RSM UK, said:
‘Our National M&A team has had an amazing 2021 and is well and truly at the forefront of transactions in the mid market. Our global reach for buyers and investors aligned with sector knowledge has provided market leading returns for our corporate and PE clients, which we are very proud of.’