RSM claims top spot in national M&A rankings

Audit, tax and consulting firm RSM has reached the top spot in the Q1 Experian league table of the most active M&A advisers in the UK, up from third position last year.

In total, RSM advised on 29 deals in the first quarter of 2018, four more than its closest rival. The firm also claimed first place in the South East of England, second in Wales and third in the Midlands.

UK-wide, there were 1,423 deals announced in Q1, a decline of 26 per cent from the 1,910 transactions recorded during the first quarter of 2017, the slowest start to a year since 2013. However, the total value of UK deals reached £84.6bn, up by just under 1 per cent from the £83.8bn worth of deals carried out in the first quarter of 2017. 

RSM’s M&A and private equity team advised on number of high profile deals during the quarter including Pentland plc’s acquisition of cycling brand Endura and The Mailing Room’s acquisition of MailServe.

Rob Donaldson, head of corporate finance at RSM said: ‘The M&A market is slightly subdued at present because of Brexit uncertainty but well-presented businesses continue to attract strong interest, particularly from private equity investors. 

‘To have grown our share of the market despite a drop in overall deal numbers is very gratifying and reflects the hard work being done by our corporate finance teams right across the country.’