The number and value of deals completed in Wales rose during the first half of 2016, according to a report from Experian, which also gave its view of the most active advisers.
Experian said Geldards, alongside Hill Dickinson, were the most active legal advisers in Wales, working on six deals each, followed by Weightmans on five.
There was a 26.9 per cent increase in transaction numbers, from 78 deals to 99, while deal volumes, increased to £859m from £318m in the same period of 2015.
Five deals valued at more than £100m completed, with the initial public offering from Watkin Jones the biggest. The Bangor-based property developer raised £131.3m, the highest-valued flotation of a Welsh company since Moneysupermarket.com in 2007.
Broomfield & Alexander was the most active financial adviser, credited on seven deals, with Gambit Corporate Finance and Panmure Gordon next on five.
Manufacturing was the most active sector, with the 31 deals representing, an increase on the 22 recorded in 2015.
Geldards Chief Executive, Jeff Pearson commented “Geldards inclusion in the Experian publication is great recognition for the team and the work we carry out. It not only highlights our expertise across the firm, but also our ability to manage numerous transactions at once.”
This article first appeared in Insider Media on 22nd July 2016, to view the original article, please click here.
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