Posted on 15 September 2015
It’s been great to see the momentum from 2014 continuing with private equity still having a real appetite for deals. Lyceum capital have attributed this to the rising confidence in the SME market with deal volume having increased by 16% as private equity buyers have greater opportunity of driving real growth in the lower mid-market. Hopefully private equity and business confidence continues to push the market onwards and provide some really good solutions for owners and management teams alike throughout 2015.
It’s also been fantastic to see some really good high profile deals in the region over the past year following on from the Cromwell Tools and HL plastics deals this summer. The Lafarge deal stands out because of its sheer size, and it was good to see midlands advisers advising Midlands firms. A second highlight is the sale of Derby County Football Club to Mel Morris, a really good deal for Smith Cooper and hopefully Mel can push Derby County back into the Premiership where they belong!