A new guideline from ICAEW’s Corporate Finance Faculty focuses on the cultural and people-related risks and opportunities that need to be considered in a transaction.
The healthcare sector has been busy this past decade. Private equity, corporates, and international investors have all been active – each responding to unique market drivers, regulatory challenges, and evolving public sentiment. Jason Sinclair looks at a resilient M&A sector.
Two-and-a-half centuries ago, Liverpool was a driving force behind the industrial revolution; now, it’s at the heart of a new movement. Jo Russell looks at how the city and wider region is spearheading the life sciences and technology revolution.
ICG’s sale of Kee Safety to Inflexion and 65 Equity proves that a high-quality business, polished by successive private equity owners, will always command a good valuation, whatever the market conditions. Nicholas Neveling reports.
Continuation funds keep things straightforward for portfolio companies. But for private equity they are a diversion from the plan. Is it a failure of the model or a pragmatic change? David Prosser reports.
The Jon Moulton Charity Trust, which applies investment principles to clinical trials funding, has backed nearly 200 pieces of research. Marc Mullen speaks to Moulton and the trust’s technical specialist, Dr Helen Critchley, to get under the skin of the operation.
Arriving in the UK from New Zealand with no job, but a strong background in private equity, Chanelle Jones swiftly joined Agathos Management. And now she’s moving up through the ranks.
There have been positive signs for UK M&A so far this year, but what does the future hold? Marc Mullen gets the views of three Corporate Finance Faculty board members.
UK financial services continue to attract investment. Jason Sinclair looks at the drivers behind private equity interest in one of the country’s strongest-performing sectors.
The use of commercial due diligence has been on the rise for private equity buyers in particular. But more than a risk mitigation exercise, it feeds directly into post-acquisition strategy. Jason Sinclair looks at a service line increasingly in demand.
Cyber attacks targeting M&A processes can have financial, reputational and opportunity costs for vendors, buyers and advisers. Dealmakers cannot afford to ignore the risks. Nicholas Neveling reports.
Jonathan Szoke joined BDO at the start of 2025 to set up an ESG due diligence offering. It’s been a long journey for the South African, who started out working on a game reserve as a conservationist.
After a year in power, the Labour government has published a review of the National Security and Investment Act. Will changes to the regulation help the flow of investment into the UK without compromising our security? David Prosser reports.
The resource-rich Middle East has long been attractive to investors, but energy transition is now putting M&A activity in the fast lane, as Jason Sinclair reports.
M&A in manufacturing and engineering has felt the force of macroeconomic instability, but subsectors are generating steady deal flow at attractive multiples.
Silvia Rindone, UK and Ireland managing partner for strategy and transactions at EY, talks about how she is redefining the expertise needed to reshape the industry and meet the challenges facing advisory firms.
As diversity, equity and inclusion programmes come under attack from President Trump’s executive orders, following a rise in adverse sentiment in some quarters, how are Europe’s private equity firms responding? Vicky Meek reports.
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.
A quarter of mid-tier accountancy firms surveyed by ICAEW are considering private equity investment, and close to half are planning new ESG service lines. But access to skills remains key concern.
The government has announced that, having listened to feedback from ICAEW and others on the design of the new carried interest rules, it will not introduce the proposed qualifying conditions and will limit the new regime’s territorial scope.
Amid current uncertainty, management teams want expert investors and there’s no shortage of private equity in the UK mid-market looking for good returns.
Disruption on a grand scale may be the outlook for the world economy, but when we step back from the noise, what is the outlook for M&A and investment in the UK?
Beginning with a single petrol station in 2001, Mohsin and Zuber Issa, together with TDR Capital, have built EG Group into a global business with an estimated value of $13bn.
ESG due diligence has evolved from a tick-box exercise focused on mitigating downside risk into a key lever for value creation that’s at the heart of deal processes.
Private equity is targeting UK accountancy firms, attracted by potential for growth and reliable income streams. What deals have been done, and what does the future hold?
Private equity co-investment arrangements come in many forms. There are benefits for all parties, enabling investors to manage risk and reduce their cost – but there are downsides, too. David Prosser looks at the options.
Scotland can be a tough nut to crack for investors with its mix of wide-open space and heavily populated cities. Jo Russell speaks to private equity firms unearthing Caledonian gems.
HMRC’s investment funds manual now includes guidance for individuals in receipt of carried interest to help them reduce the chances of a compliance check being opened.
More and more accountancy and audit firms are considering PE investment, but they need to understand the impact on their audit status under ICAEW regulations and FRC rules.
What happens when an MBO hits targets well ahead of schedule? Jason Sinclair speaks to WestBridge about how Alpine Fire Engineers went back to the drawing board and added M&A to its plan.
ICAEW has encouraged the government to ensure that any changes to the rules for taxing carried interest do not add complexity and do not affect the UK’s attractiveness as a place to live, work and invest in the private equity (PE) sector.
Highlights from the broader tax news for the week ending 15 January 2025, including: new HMRC campaigns focusing on private equity businesses and estate agents; updated guidance from HMRC for those testing MTD IT; and a reminder from HMRC of changes for importers from 31 January 2025.
To make an investment work the people are key, something that has long been recognised by private equity. So what can management due diligence bring to the party? Jo Russell reports.
As private equity looks for returns from exit, one helping hand could be the value creation offered by ESG vendor due diligence, as Zara de Belder and Matt Smith of Anthesis Group explain.
Accountancy practices considering private equity investment need to think about the regulatory implications and are encouraged to seek guidance from the Financial Reporting Council and ICAEW.
Lucie Mills of NorthEdge tells Jo Russell how the private equity firm supports staff and encourages an open culture for discussing mental health issues
Transaction activity in the travel sector is heating up as trade buyers and private equity firms see the industry returning to pre-COVID-19 levels and get back to the business of doing deals. Nicholas Neveling reports.
Shares issued before 6 April 2035 will qualify for relief under the enterprise investment scheme (EIS) and the venture capital trust (VCT) scheme if all other conditions are met.
ICAEW has warned the government that changes to the tax treatment of carried interest could jeopardise the contribution that the private equity (PE) industry makes to the UK’s economy.
The skills private equity has to offer can provide great benefits for charities. Jo Russell speaks to Andy Gregory and Matt Little about the work of the BGF Foundation.
Mid-market fundraising increased in 2023, bucking the trend for private equity more widely, and M&A picked up in the first four months of 2024, globally and in the UK.
