Deloitte Midlands M&A team has revealed that it has completed seven transactions in the first seven months of the year at a combined value of £500m.
Of the completions, three involved private equity, including NorthEdge Capital’s sale of a majority stake in critical security services provider Orbis Protect to growth investor Synova.
Also included was the sale of a minority stake in Sygnature Discovery to Five Arrows Principal Investments and advising August Equity on realising its investment in Pet Cremation Services (PCS), through a sale to VetPartners.
The firm said it has also seen “increased appetite” for international deals, with more than half of completed transactions having overseas involvement.
These included Belron International’s sale of Northamptonshire-based AutoRestore to German investment group Aurelius.
Darren Boocock, partner at Deloitte’s M&A team in the Midlands, said: “It’s been an exceptional year of dealmaking so far, with completions on the up compared with previous years.
“As more markets have opened up, we have seen a good mix of sectors kickstarting the transaction process; most notably in the consumer, healthcare and automotive sectors, in addition to more cross-border deals taking place.”
Nick Carr, director at Deloitte’s M&A team in the Midlands, added: “This deals market recovery shows no sign of slowing down and the pipeline for H2 is looking strong, so we are confident that the region, and wider UK, is on an upwards trajectory in the revival of the economy.”