Decade of deals keeps Muckle LLP on top of the league

L-R Hugh Welch, Muckle; David Brind, Kitwave FD; Paul Young, Kitwave CEO; Louise Duffy, Muckle; Rod Wilkinson, KPMG
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The Insider Dealmakers Awards crowned us number one for the North East, having completed 43% more deals than any other law firm in the region over the last decade.

New appointments and recent award wins have also seen the firm go from strength to strength, being crowned 2016 Regional Law Firm of the Year at both the Legal 500 UK and Solicitors Journal Awards.

Information service provider Experian has also ranked the firm as the North East’s top dealmaker since 2014. So what is their secret?

“Quite simply it’s about our people and building long term relationships,” says Andrew Davison, partner and Head of Corporate.

“Our breadth of expertise and the way we work with our clients makes us stand out. Whether it’s a small family-owned business or a large corporate firm, we care passionately that all our clients receive the same level of service and achieve their objectives.”

Growing expertise

Five experienced partners lead a growing team of expert lawyers, including Adam Rayner, who won Young Deal Maker of the Year, and Matthew Walsh who advised on the Deal of the Year at the Insider North East Dealmakers Awards 2016.

The team also added two new lawyers in September – Claire Willcock and Sara Worsick.

Newcastle-born Claire joined from a national law firm, where she gained experience in both public and private company law.

Sara studied law at Newcastle University and previously spent a number of years at a Carlisle-based law firm.

Andrew said: “Sara and Claire have hit the ground running. They are exactly the kind of lawyers we look for at Muckle; extremely personable and technically excellent.

“As we continue to lead the way regionally as the number one dealmaker and in our advice to clients, it’s important for us to keep growing.”

Muckle deals that gave the North East a boost

There’s no denying that 2016 has been a challenging year for many North East businesses, but Andrew’s team has continued to help the region’s local businesses grow.

Fast growing Kitwave Wholesale Group acquired Phoenix Fine Foods Limited, following a multi-million pound investment from Pricoa Capital Group earlier this year. A deal the team was also pleased to advise on.

Muckle partner Philip Clare said: “Our region needs thriving, ambitious, market leaders like Kitwave and I’m delighted that we’ve played our part in making this happen.”

20 jobs are also due to be created at Fairstone, as the group expands operations at its Boldon Business Park base following a £25m investment from Synova Capital.

CEO Lee Hartley said:  “We are delighted with the investment and look forward to working with Muckle over the coming years as we scale up the group’s activities.”

In March the team advised on the sale of local software developer Grasp Limited to Durham-based Atom Bank, the UK’s first digital-only bank, adding to their in-house capability to develop their mobile app.

Cramlington based AVID Technology were able to boost their engineering and manufacturing capacity when Muckle helped them secure a £3.4m investment.

Ryan Maughan, Managing Director of AVID, said: “This investment will allow AVID to continue our mission of improving the efficiency and environmental impact of the most polluting vehicles.”

Finally the team advised Quantum Pharma Plc on a successful £15m fundraising, completed last week. Sarah Forster, Associate Solicitor, said: “It is great to see that regional companies continue to be able to access capital on AIM.”

For more information or to find out how we can help your business contact Andrew Davison.