Ryecroft Glenton Corporate Finance reports a record year for transactions

Tuesday, February 23 2016

Ryecroft Glenton Corporate Finance (RGCF) is on course to deliver its most successful year to date having advised on a number of high profile transactions during the 10 months to 31 January 2016, a number of which have resulted in six-figure fees for the firm.

With a number of transactions expected to close in the remaining two months of the firm’s financial year (to 31 March 2016), RGCF is building a strong reputation in the corporate finance market for its ability to deliver transactions for clients on a national and international basis.

Among the transactions completed during the past 10 months have been a number of disposals to trade buyers, which have included the sale of Northumberland-based Green (Agriculture) Co to Carrs Billington and the sale of London-based AS Recruitment Ltd to national staffing business, Berry Recruitment Group, which completed in January 2016.

Ryecroft Glenton Corporate Finance has also advised on a number of transactions involving Private Equity backed purchasers, which have included the acquisition of Selection Group by SF Group and, most recently, the eight-figure sale of c£17m turnover education staffing business, Just Teachers to Synarbor Group, which is backed by the Private Equity firm, Sovereign Capital.

RGCF has also advised Yorkshire-based Revis Transport Ltd on their acquisition of Spandler Bros from its American-owned parent, Bunn Fertiliser Ltd.  

Carl Swansbury, Partner at Ryecroft Glenton Corporate Finance, said: “We have established a strong position in the corporate finance market, which is reflected in the combined value and stature of the transactions we have advised on over the past 10 months, which include a number of acquisitions and disposals, as well as MBOs and fundraising projects.

“Despite the domestic and international political and economic uncertainties, together with the speculation about potentially adverse tax changes in next month’s Budget, companies are still pushing ahead with transactions to help consolidate and grow their position in their chosen markets.”

“This is being achieved through the acquisition of competitors and companies operating within their supply chain, as companies focus on expanding their geographical footprint and product/service offering.  Interest from Private Equity backed purchasers is also strong as they look to strengthen their portfolios through the acquisition of high growth, profitable and niche privately-owned businesses.”

Carl added: “We are confident that throughout 2016 the M&A market will remain buoyant for the benefit of UK business.  In particular, there is growing appetite from overseas trade buyers in quality British companies, which will positively impact on the value of UK assets.”

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Ryecroft Glenton, founded 1901, is an independent, award-winning firm of Chartered Accountants and strategic business advisers giving personalised support to every one of our clients.

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