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PKF Francis Clark has reported that it advised on 93 deals in 2022 totaling a combined value of £1.3bn.
The firm advised on a variety of deals across sectors including energy and infrastructure, hospitality, tourism and leisure, financial services, healthcare.
This also includes a number of confidential deals which were not available in the public domain.
The firm stated that one highlight deal was the management buy-out of Rotamic Engineering Limited, the Exeter-based manufacturer of components used in aerospace, medical and scientific applications.
According to the Experian MarketIQ database, PKF member firms advised on more transactions in the UK and Ireland than any of the Big Four accountancy firms.
Andrew Killick, head of corporate finance said: “Our analysis of data collated by Experian shows a 5% decline in deal volumes in the Southern region of the UK last year, while the national picture was broadly flat.
“It’s perhaps surprising that this decline wasn’t greater, given all the challenges of the past year, with decade-high interest rates, inflation exceeding 10% and the war in Ukraine. The 1,751 deals completed in the Southern region still represented the second highest level of activity in the last decade, following a record year in 2021.”
He added: “The availability of all types of funding, cash on corporate balance sheets and the volume of professionals now embedded in the transaction marketplace have supported and encouraged entrepreneurs to do deals. Most professionals had a good year in 2022, with quite a number, including ourselves, having yet another record year in overall terms.”
The firm has nine offices across the South and South West following the recent opening of its base in Southampton.
