Experian Market IQ update
Wednesday, 18 November 2020
The Experian Mergers & Acquisitions (M&A) report for Q3 2020 ranked Larking Gowen’s Corporate Finance team third in the region by volume of deals done, having advised on nine deals in the East of England (and a further two outside of area, not captured in the report).
Understandably, the volume of deals undertaken both regionally and nationally have dropped as a result of the COVID-19 pandemic. However, deals are still being done. For profitable growing businesses that have weathered the storm, there’ll be acquisition opportunities as competitors and complementary businesses fail, as well as exit opportunities as private equity funds battle it out to invest in a smaller pool of premium sales mandates.
At Larking Gowen, we can see a strong pipeline of transactions due to take place over the next quarter. The trend is certainly improving in terms of deal volumes compared to Q2 when the UK went into lockdown.