Welcome to our Corporate Finance division’s regular deal round-up.
Market-wide prophecies are inevitably sounding loud notes of caution across the economy as a whole, but now that number 10 has a new tenant with a “grip on the controls”, let’s hope that this begins to repair the dents in consumer confidence.
At PKF we continue to see good levels of deal flow and new prospects, with particular acquisition interest from overseas buyers and private equity-backed businesses. A good example is our recently completed disposal of Wrekin Products to a French buyer – which benefitted from our PKF International network. We are delighted to have been nominated in multiple categories in the imminent Insider Midlands Awards, including one for the Wrekin deal as International Deal of the Year.
Looking forward to 2023, our view is that good quality businesses in resilient sectors, that are now delivering performance that fully reflects post COVID recovery, will continue to be in high demand.
We believe buyers will remain active and that the plentiful availability of capital will enable well-structured deals, possibly financially-engineered to accommodate some uncertainties in future trading, will enable a decent level of completions. Our confidence is reflected in our recent addition to the CF team, more of which in the next issue.
The looming headwinds are certainly driving pragmatism in deal-doers’ strategy and objectives. For many that means realising value sooner rather than later.
It’s never too early to start planning your exit so please get in touch if you’d like an initial discussion.
Click below to read issue 39 of Deal Dispatch. Our corporate finance team have a wealth of knowledge and experience providing services to a variety of businesses. Please do not hesitate to get in touch today.Download publication