2020 was a challenging and frustrating year on many fronts, which makes it all the more pleasing to reflect on the strong performance of our Deal Advisory team, as recognised by Experian’s 2020 UK M&A and Advisor League Tables.
In particular, it is fantastic to see that in its first full year of operation, our Scottish team was ranked the fourth most active CF advisor in the country.
Our Northern Ireland team put in another strong performance, finishing the year as the second most active advisor in the region.
Dealflow is still somewhat hampered by the headwinds of COVID and concerns over rumoured changes to CGT, but our outlook for 2021 is positive. PE and debt funds still have significant dry powder to deploy and as the light at the end of the tunnel grows brighter and more people are vaccinated, we share the widely expressed view that there will be a surge in M&A activity in the second half of the year.