Manchester business law firm Turner Parkinson has had a hugely successful run of corporate finance completions at the same time as achieving record breaking year-end figures. The firm recently announced a 14% hike in like for like sales, with revenues at their highest level in the firm’s 20 year history.
Helping drive this growth, the Corporate team completed a stellar £100m of deals in April, and alongside APS Salads’ acquisition of Wight Salads last week, the team has closed 6 major deals in 5 weeks for North West companies and investors.
This recent activity includes the £43m sale of Inspirepac Group to Smurfit Group, advising Warren James on film studio Pinewood Shepperton’s £30m placing, advising Diagnostic Capital on the take private of Casdon Toys and the acquisition of Wight Salads Limited by North West tomato grower APS Salads.
The volume of deals cements the team’s reputation as active deal makers in the region, having recently been ranked 2nd in the North West market for 2014 and Q1 2015.
James Sheridan, who heads Turner Parkinson’s Corporate Group, commented: “I am delighted with our continued development as a team and the quality of deal mandates on which we are working. We are now able to offer the North West a high quality, partner-led alternative to the branded, multi-office law firms in the market. As an independent business law firm with a single location in Manchester, we stand out from the crowd and deliver every time for our clients. Our recent track record continues to see us successfully challenge our much larger competitors.
The volume and calibre of deals we have completed showcases our position as first class business lawyers in the North West corporate market. We have the strength in depth to handle the demands of major transactions and, most importantly, the skills and can-do attitude to get deals over the line”.