Manchester based independent law firm Turner Parkinson has once again ranked highly in the North West and Manchester Annual Corporate Finance Review for 2016 in terms of both deal volume and value.
2016 has proved to be another exceptional year for the North West deals market with a 30% increase in deal value compared to 2015. Turner Parkinson’s advisory work for the sale of Warren James’ stake in Pinewood Group to Picture Holdco contributed to this significantly with a total deal value of £323.3m, the largest North West deal during 2016.
Manchester based legal advisors worked on a total of 503 deals during 2016, with Turner Parkinson accounting for over 10% of all those deals. Those 53 deals ranked TP 4th in the overall table for North West based legal advisors.
In terms of leading individuals, Corporate Partner David Easdown topped the table for Manchester and North West with 31 deal completions during 2016. David’s substantial deal volume placed him 3rd in the UK as whole. Rachel McIlroy also ranked among the top 10 with a total of 12 deals.
It’s yet to be seen how Brexit will affect both the global and regional economy, although being positive change at whatever level creates opportunity. Businesses with strong management teams and who surround themselves trusted advisors will be best placed to adapt to these market changes and thrive as Brexit plays out. While the market for bigger deals might plateau this year, the mid-market should continue to benefit from the increased amount of capital available to them. We are working with many of our clients to plan for both organic and acquisitive growth.