Gloucestershire accountancy firm secures deals worth £500 million


Deals worth more than £500 million have been completed by Gloucestershire accountancy firm Hazlewoods in the nine months to 30 September 2018

The mergers and acquisitions market is buoyant in the South West, with Hazlewoods Corporate Finance team reporting a record number of deals in 2018.

Despite economic uncertainty in the UK due to Brexit, trade acquirers are continuing to make acquisitions to consolidate growth, whilst Private Equity firms continue to seek quality investee companies to deliver returns on capital.

In the nine months to 30 September 2018, Hazlewoods advised on 131 completed deals, worth £520 million, with more transactions in the pipeline before the end of the year.

The volume of deals has increased by around 10% as compared to the previous year, proving that small and mid-market business owners are ploughing ahead with their exit or development plans.

Corporate Finance Partner Paul Fussell said: “It is pleasing to see that deal activity is continuing to hold up against a backdrop of considerable uncertainty, demonstrating continued resilience and demand for quality businesses. We have a strong pipeline of deals due to complete in the coming months, and hope this trend continues into 2019.”