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July/August 2025

This month we look at the challenges facing supply chains and the impact on deals. Plus: why accelerated M&A requires a different mindset; how a world in flux is affecting valuations; an in-depth look at MHA’s AIM listing; and RVE’s Tom Lethaby on the sale of a water services business to an EOT.

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Long read: Mitigating supply chain risk

Resilience and ESG in supply chains have long been a focus for acquirers, but the US tariffs and Middle East troubles have thrust complex issues into the spotlight. David Prosser looks at how firms are mitigating global supply-chain risk in choppy waters.
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News and views

Faculty news
The ICAEW Corporate Finance Faculty’s Middle East panel hosted a round-table discussion in Dubai in May 2025
July/August 2025

A round-table discussion hosted by the Middle East panel, a new board member, plus consultations and diary dates.

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opinion
Jon Moulton ICAEW Corporate Financier
Jon Moulton on EBITDA adjustments

When is an EBITDA adjustment warranted? The key thing is being aware of what tweaks have been made, says Jon Moulton.

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opinion
Jackie Bowie, managing partner and head of EMEA, Chatham Financial, a member of the Corporate Finance Faculty
Jackie Bowie on M&A opportunities

The economics that will underpin M&A opportunities goes beyond the US tariff soap opera, says Jackie Bowie.

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Global investment and M&A

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Insight: valuations

Dealmakers have had to cope with uncertainty for several years, but the constantly changing US tariff levels are creating new levels of unpredictability. How is that flowing into M&A valuations?
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Insider dealing: MHA’s public listing

Despite private equity interest and consolidation in its sector, MHA has chosen another path for growth – raising £98m with a public listing on the AIM market.
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Insight: why accelerated M&A is on the rise

Accelerated M&A is emerging as a valuable tool in uncertain markets – helping companies and investors respond to constantly shifting market conditions.
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Innovation and sustainable growth

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Insight: CDFIs

Addressing the funding gap for small businesses, often women- or ethnic minority-led, has been a perennial problem as they fail to meet banks’ lending risk profiles. We look at community development finance institutions, an initiative with its roots in 1970s Chicago.
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Future advisory professionals

career paths
ICON Corporate Finance associate director Will Cave
Tech deal craft

Will Cave, ICON Corporate Finance associate director, made the move into M&A to work with entrepreneurs, specialising in tech deals.

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On my CV
Tom Lethaby, business development director at RVE Corporate Finance
Water solution

Tom Lethaby of RVE Corporate Finance says patience is key to achieving the best outcome when selling shareholders’ post-deal plans differ.

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Connections

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Corporate finance advisory

Promotions and those on the move in corporate finance advisory.

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Legal advisory

Who’s on the move or been promoted in legal advisory.

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Private equity

Recruitment and promotions in private equity.

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The archives

Browse Corporate Financier content from September 2025 and earlier.

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