EY’s North Dealmakers celebrate continued success, with deals worth over £643 million in Q3 2021

EY’s North Strategy and Transactions teams acted on ten completed deals worth over £643 million in Q3 of 2021.

In the North West, EY supported CPOMS Systems Limited on its sale to Raptor, by providing integrated commercial, financial and tax vendor due diligence, and supported Esken on its rights issue and fundraising. In addition, EY acted as corporate finance advisor and provided financial and tax vendor due diligence to MPP Global Solutions, as it was acquired by Aptitude Software.

In Yorkshire, the market remains very active, with EY providing transaction support to Etex as it acquired Sigmat, and to LDC in relation to its acquisition of Texecom from FTSE 100-listed technology group Halma. Additionally, the team provided transaction support to Gravity Global and Wholebake, as both secured investment from Elysian Capital.

EY provided further support to Advanced Supply Chain Group, which was acquired by Reconomy and to Bambino Mio, to support its investment from BGF.

Mark Clephan, Corporate Finance Partner at EY in the North, said: “As we moved into Q3 we continued to see the deals market buoyant across the region, as it was during the first six months of the year. It is this level of activity which provides us with the opportunity to strengthen our own team, so we can ensure we are best placed to serve the needs of our clients.”

Steven Kingham, Partner and Head of Transaction Services for EY in the North West, said: “The deals space continues to accelerate, and we have a high number of deals underway and due to complete in Q4. The pipeline of work for next year is looking strong, with businesses across a range of sectors expecting to transact and with the IPO market continuing to be active.”

Noam Handler, Partner and Head of Transaction Tax for EY in the North, said “The EY North Transaction Tax team continues to support the Strategy and Transactions team in the region across all deals, with the continued investment in the team, across senior levels in particular, reflecting the on-going strength of the market.”