Industry figures published today show that Baker Tilly ranked within the top ten most active financial advisers in the UK mergers and acquisitions market in 2014.
The figures, complied by Experian, reveal that 5,557 M&A and Equity Capital Market transactions were announced in 2014, and that this was an increase of 2 per cent from the previous year. The value of deals had also increased – up to £289bn in 2014 from £273.7bn in 2013.
On a regional level, Baker Tilly also ranked highly in the South-West where it was the second most active financial M&A adviser in the region – up from 15th in 2013. It was a similar story in Yorkshire and the Humber where Baker Tilly was ranked 3rd position, up from 6th in 2013, and joint third place in the Midlands – up three places from the previous year.
'There's no question that UK businesses have had a tough few years, but confidence is growing and we are seeing this reflected in the M&A market. Despite the recovery, organic growth remains hard to find and pricing pressures continue as the economy flirts with deflation. Ambitious CEO's see M&A as the route to grow, and we are seeing this across our business in the form of increased activity - and there is more to come.'