Our corporate team has continued to lead the way in what has been described as a buoyant period for the region’s M&A activity.
20 deals done
Following Experian’s independent research, which tracks M&A deals valued at over £500,000 at regional and national level, we have again been confirmed as the region’s busiest legal adviser, having helped to deliver 20 such deals in the first half of 2018, including:
- the sale of Northumbrian Fine Foods to Biscuit International;
- the multi-million pound private equity investment into The Naked Deli;
- advising London-based private equity firm Blue Water Energy on its acquisition of AIS Training and subsequent merger with Drilling Systems; and
- LDC’s £20m investment in Mandata, one of the largest North East deals completed in Q2
2018 – busiest H1 in almost a decade
The North East featured in 129 deals worth a publically reported total value of £2.3bn during the first half of 2018, the highest H1 volume and value figures recorded for the region since at least 2009, according to experts at Experian.
It follows data released in January, naming Muckle as the region’s busiest legal adviser throughout the whole of 2017 – placing us at the top of the annual dealmaker league for the fourth year running.
Matthew Walsh, associate in our corporate team, who collates and monitors deal activity, said: “It has been a fantastic first half of 2018 and it is wonderful to see the volume and value of North East deals reach their highest levels for years. Talking to the advisers and business people across the region, that trend looks likely to continue.
“As a one-office, North East based firm, Muckle LLP is especially proud to be leading the way again as the region’s most active dealmaker in H1, and we are presently working on a number of significant deals which indicate H2 could be just as exciting.”