Fri, 24 Feb 2017 | BUSINESS NEWS
Mergers and acquisitions deal activity for the final quarter of 2016 reached its highest level since the credit crunch hit in 2008. Businesses are, accountants BDO say, focused on growth despite any Brexit jitters.
BDO’s latest PCPI report revealed that 771 deals were completed during the last three months of 2016, a sizeable 33 per cent jump from the previous quarter’s 578 transactions, and the highest since Q2 2008.
Trade buyers were the most active, with a total of 672 deals, showing confidence about growth despite Brexit looming. Private deals had fallen slightly, but this is not significant and is in line with previous quarters.
Deal values across the board remained high during Q4 2016, with trade paying 10.5x and private equity forking out 11.3x multiples.
It was a good end to 2016, overall. Roger Buckley, M&A Partner at BDO, commented: “Q4 deal volume was the perfect end to an active year of M&A. Demand for good quality assets continues to outweigh supply. Despite concerns around Brexit, economic indicators remain positive and businesses continue to have their sights on growth. We expect deal volumes and values to remain strong for 2017.”
Find a business to buy in Q1 2017.
This well-established scrap vehicle yard in Essex offers a unique opportunity to acquire a business with a significant stock of decommissioned parts and panels, alongside essential equipment such as forklifts and heavy demolition plant.
Opportunity to acquire a well-established engineering product and equipment distributor located in the heart of the West Midlands.
Presenting an exceptional opportunity to acquire a well-established specialist joinery business located in Southport, Merseyside.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.