Accounting Firms

UHY completes ‘hat-trick’ of deals

The accountancy firm’s Manchester team assisted shareholders for 06 Ormskirk Limited, 4th Utility and Codeweavers on their respective transactions

UHY Hacker Young’s team in Manchester has announced its completion of a “hat-trick” of deals.

The accountancy firm’s speciality advisor team recently assisted shareholders of 06 Ormskirk Limited with its sale to Chorley Group, 4th Utility with its purchasing of Vision Fibre Media and Codeweavers Limited with its sale to Cox Automotive.

All transactions were led by David Kendrick and Stephen Grayson, with additional assistance from Clive Gawthorpe, Dominic Eccles, Rebecca Hall and Macy Pu.

Kendrick, head of corporate finance at the firm’s Manchester office, said: “It’s been a very busy week for the team and nice to see these transactions conclude in advance of the budget. 

“With Covid impacting so many over the past 12 months the M&A activity space has never been so active and there remains a real pent up demand for good businesses – long may it continue.”

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Speaking on 4th Utility’s acquisition, Grayson, partner at UHY Hacker Young, said: “The whole team at UHY are proud of our involvement in this deal, and our ability to support the shareholders as they look to grow their business. 

 

“This is another step in their exciting journey of what is already a fantastic business.”

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