PKF's successful summer of dealmaking

Ben Rookes, Corporate Finance Director at PKF Cooper Parry

The Corporate Finance team at Bondholder PKF Cooper Parry has reported a busy and incredibly successful last quarter, during which it completed four deals – three of which were made post-Brexit.

Earlier in the summer, the team advised the shareholders of Tier 1 aerospace supplier North West Precision on a sale to US Private Equity firm Cartesian Capital-backed Arlington Industries Group.

Other recent deal highlights include acting for the shareholders on the sale of Nottingham-based training provider Mind Click to Carlyle Cardinal-backed Learning Pool and the sale of established East Midlands-based pharmacy chain K.M. Brennan to PCT Healthcare. Last month the team also acted as lead advisers on a private equity sponsored growth capital deal in the recycling sector.

The Corporate Finance team is continuing to experience significant growth on the back of a record year last year. They have recently boosted the senior team with the appointment of experienced deal-maker Phil Hinson, who joins the firm as a director, having previously worked for PwC and Sovereign Capital.

Speaking about the firm’s successful summer of deal-making, Ben Rookes, Corporate Finance Director, said: “Despite the uncertainty and turmoil surrounding Brexit, we are seeing no slow-down in activity and are continuing to get deals over the line. 

“Many private equity firms are keen to deploy capital and invest through the cycle and we are also noticing increased activity from overseas purchasers, particularly US trade, who are interested in good quality UK assets and are keen to take advantage of the weak pound post-Brexit."

“We expect to complete a number of deals with overseas trade and PE in the next few months and will continue to invest in our team in order to meet the demands of our client and support our continued growth,” added Ben.

The Corporate Finance team at Cooper Parry advises privately owned businesses, business owners, management teams and private equity firms on a range of services including company sales, acquisitions, buy-outs and development capital.

Cooper Parry Corporate Finance is a UK representative of Global M&A, one of the leading independent partnerships of corporate finance advisers in the world, providing clients with the benefits of global reach and sector knowledge.