Price Bailey Strategic Corporate Finance has been ranked among the top three financial advisers in the East of England league table for M&A (mergers and acquisition) activity during 2016, and is the highest ranking regional firm.
Figures from Experian, the leading global information services company, show that the firm advised on 13 deals during 2016, more than a number of the country’s much larger financial advisers.
“These figures clearly illustrate the growth of our corporate finance activity year on year, and reinforces our claim as the leading corporate finance team focussed on SME’s in the region” said Head of Strategic Corporate Finance, Simon Blake. “We now have the largest SME focussed corporate finance team in the East of England and our activity in this area is continuing to grow across all types of projects including sale mandates, MBO’s, acquisitions, due diligence and financial modelling with a specialist focus on owner-managed small and medium sized businesses.”
Highlights for the year included the sale of EnlightKS Limited to PSI Services Inc, which has also resulted in buyside work for PSI; the sale of SB Components to private equity firm Elaghmore Partners; and the sale of School Website to US private equity backed Finalsite Inc.
The Experian report also shows that there were 559 M&A and ECM (Equity Capital Market) deals announced in the East of England during 2016, down just 0.4 percent on the 561 transactions recorded in the same period last year.