Michelmores doubles its deals activities

The tenth annual Western Morning News Deals Review shows that Michelmores has more than doubled its deal activity over the last 12 months.

A deal is defined as a transaction involving the sale, purchase, joint venture or merger of a trading company as well as complex equity, grant and finance raising assignments with a value of over £250,000.

In 2011, Michelmores was identified as handling 75 such transactions as against 30 the previous year.

Some of the more significant deals including the $1 billion sale of the Mint Hotel Group, the complex management-buy-out of Paignton based financial claims management business EMCAS, and an investment in South Crofty Tin Mine by a listed Canadian company.

Outstanding business advisers appearing in the top ten individuals' deals analysis included Michelmores partners Stephen Morse (1st=), Richard Cobb (3rd) and Johanna Probert (9th) with Associate Annelie Carver at 10th.

Louise Edwards, Michelmores Marketing Director, said: "Despite a difficult year for businesses, it was good news to read that deals handled by lawyers rose by 20% and that 2011 saw another increase in deal volumes, with overall deal numbers increasing 13% to 286.

"We are delighted that Michelmores was able to act in many of these deals and we congratulate the Business Team for being recognized as one of the most sought after deal teams in the region."