Hazlewoods Corporate Finance lead Advisory and Transaction Services teams have continued to see an increase in deal volumes in 2016 despite the disruption and uncertainty presented by the EU referendum and the US election.
The 12 months ending 31 December 2016 has been a record year for the Gloucestershire based Accountancy firm, advising on 119 completed transactions valued at £512 million, an increase of 16% as compared to deals completed in 2015 and 48% in terms of value.
The increase in deal flow led to expansion of the team, with three new appointments in the year.
Paul Fussell, Hazlewoods Corporate Finance Partner, said: “We are delighted to have supported so many of our clients through what are often exciting times in M&A. The volume of completed transactions demonstrates that despite the uncertainty surrounding the EU referendum and US election, vendors and acquirers alike continue to see opportunity in the market.
While we are yet to fully appreciate how the decisions of 2016 will impact businesses and the economy in 2017 and beyond, early signs are that business activity is set to continue, with the number of enquiries suggesting that 2017 will be another strong year as pressure on companies to grow and differentiate continues to have a positive impact on activity.”
Hazlewoods Corporate Finance team provides specialist advice to small and mid-market businesses on a wide range of transactions. From initial pre-deal evaluation and strategy, to completion and post-deal support, the team work with business owners to understand objectives and deliver results.