Carve-outs are an important part of the global mergers and acquisitions (M&A) market, but they can often be complicated to complete. Here are some of the core considerations when pursuing a successful carve-out.
From Brighton to Bournemouth and beyond, the lure of the south coast encompasses beaches, nightlife and so much more. Rachel Willcox discovers an advisory community holding firm against a national backdrop of challenged activity.
Boasting solid commercial fundamentals, UK infrastructure M&A – traditionally the preserve of large-cap funds – has piqued mid-market dealmakers’ attention. Nicholas Neveling looks at the innovative investment strategies firms are adopting to get involved in the sector.
Challenges come thick and fast for the hospitality sector – so why has a Canadian-Indian insurance billionaire snapped up a UK restaurant group? Jason Sinclair reports on MW Eat’s global plans.
Flush with money to invest, private equity firms are increasingly seeking out targets on the public markets. David Prosser asks whether private ownership is a logical plot development for many listed companies.
Non-AI software companies led a wave of exits, while AI firms dominated a strong year for first-time investments. But keep one eye on bankruptcies too, warns Beauhurst’s Henry Whorwood
Beth Warner, associate director at FRP Corporate Finance, says aerospace and defence component maker HT Servo needed to be well prepared to attract the right buyer.
Yann Moulary came from France to the UK to complete his master’s degree, and stayed to build his career, originating deals and driving value from investments at Newable.
Flourishing e-commerce led to a boom in pandemic-era logistics, that’s since been tempered by insular policy making and shortening supply chains. David Prosser asks if the sector will be going places this year.
Off the radar for many deal-makers, the South West boasts M&A stats that buck stuttering national trends. Rachel Willcox investigates what makes the region tick and whether its strong growth can be maintained.
After a four-year hold period, BGF sold specialist windows manufacturer Victorian Sliders for £60m at the end of last year. Jason Sinclair reports on how its Swedish acquirer could open new markets for the south-west Wales business.
As wealthy family businesses look to secure their legacies for future generations, family office investment vehicles are becoming a growing source of deals for advisers. Jo Russell finds out what makes them a different breed of investor.
It started as a charitable organisation, went private in 1999, became PE-owned in 2004, listed in 2014, and reverted to PE ownership in 2021. Is The AA now heading to a new home?
Public to private (PTP) transactions continue to represent a vital and dynamic component of UK and global mergers and acquisitions activity. This guideline provides an overview of a PTP transaction in the UK, offering a step-by-step breakdown of the process and the considerations to be addressed at each stage.
LDC’s acquisition of building materials supplier ARC is all about guiding the company through the next stage of its growth journey. David Prosser investigates what the future holds for the company – and why Newable decided the time was right to dilute its stake.
With gold and silver prices at an all-time high, and critical minerals such as lithium, copper and rare earths at the core of electrification, computing and defence systems, mining M&A is flying high.
Stark stats for deals in the North East belie a region brimming with optimism that's attracting private equity firms. But government investment in infrastructure is sorely needed, says Nicholas Neveling.
At the start of last year, James Watt, co-founder of BrewDog (with the sensibly more publicity-shy Martin Dickie), announced he was launching House of Unicorns, a reality show for start-ups with a £2m investment prize. It would be like Dragons’ Den, but for entrepreneurs identifying as punks.
With activist investors pushing corporates for more focus, and falling interest rates making valuations more appealing to buyers, carve-outs are firmly on the agenda. But the process is far from simple, says Jason Sinclair.
At 11 years old, the British Business Bank has a new strategic plan, more capital at its disposal, and a new statement of intent. Marc Mullen speaks to its first-ever chief investment officer, Leandros Kalisperas, about the bank’s renewed purpose.
Following substantial changes to the rules governing public-to-private transactions, ICAEW’s Corporate Finance Faculty has updated its guideline and is hosting an event with the Director General of the Takeover Panel.
One of private equity’s oldest recipes is to buy a platform for investments, then consolidate for an immediate uplift in the value of the acquisitions, says MarktoMarket’s Doug Lawson, and more and more firms are dining out on it.
Businesses that faltered during the pandemic have bounced back stronger than ever, and five years on new niches are opening up, says Nicholas Neveling.
Almost two decades on from the global financial crisis, Scotland’s big energy deals have signalled a return to form. With a strong pipeline of start-ups and high-quality mid-market businesses lined up for investment, it’s later-stage capital that is in high demand. By Nicholas Neveling.
Amid tariff changes, reversals of changes, and stockmarket wobbles, Enfuse Group remained a standout investment target for Agathos. Nicholas Neveling reports.
HR due diligence is rapidly becoming a vital element of deal due diligence, as buyers seek out more accurate valuations. As its scope broadens, David Prosser looks at how the value of – and risk associated with – a workforce is quantified.
For rehab business Providence Projects, it was all about finding the right buyer and the right price, says Oliver Aspinall, corporate finance manager at S&W.
As uptake of artificial intelligence increases, firms are reconsidering their recruitment practices. What does this mean for the role of the mergers and acquisitions professional?
An independent business for 200 years, Hill & Smith, a provider of solutions to the infrastructure and built environment sectors, received the much-coveted corporate development award at last year’s Annual Reception. Marc Mullen talks to Joel Whitehouse, group head of corporate development at Hill & Smith, about its M&A strategy.
This guideline explores the cultural and people-related risks and opportunities in the deals process. It considers the breadth of what HR due diligence can cover, the interplay with other forms of due diligence and how it might be adapted to different types of transactions, locations, industries and commissioners.
ICAEW is seeking views from members, including those working in tax, business and corporate finance, to inform its response to a call for evidence on how the tax system can better support investment in innovative, high-growth companies.
From nursery buy-and-builds to private school consolidation and university mergers, each education sub-sector is responding to its own specific challenges. Jason Sinclair looks at what’s driving activity in this busy UK market.
