Michelmores tops the league table for South West corporate deals over the last five years
Independent research by Experian, published for the first time last month as part of the annual regional deal review, confirms Michelmores LLP at the top the league tables for the highest numbers of 'deals done' in the South West region in the last five years – supporting a total of 124 deals since 2009.
Michelmores' Corporate Finance and Commercial team, now with over 20 lawyers, completed 35 deals last year, including acting for the management team in the management buyout (MBO) of Exeter-based Gro Group, the institutional buy out of MK Test Group in Somerset – as well as the disposal of Bristol-based J+S Limited. In addition, a similar number of deals were completed which remain client confidential or did not meet the exact deal criteria of the review.
The report, published in the Western Morning News Deals Review, shows that deal volumes in the region increased significantly in 2014 – with MBO's a particular strength for South West firms.
Richard Cobb, Corporate partner, said:
"It is a great accomplishment to have supported the highest number of deals over the last five years, particularly as we are known for acting on the larger and more complex transactions in the region. During 2014 alone, we were involved in a wide range of deals across a variety of sectors, many of which support findings that the economy is now improving and there is an increased appetite for growth.
As a result, with some key strategic appointments, we have been able to grow the team to over 20 lawyers in Exeter and London, making it a real powerhouse for corporate and commercial advice in the region and beyond".