Deals totalling £160m in value have been completed by the corporate finance team at Connect Yorkshires West & North Yorkshire accountancy Partner and business advisory firm Garbutt + Elliott in the last 12 months.
A total of 65 UK-wide transactions were handled by the team, which operates from the firm’s York and Leeds offices, in a year that saw it appointed to advise on more activity outside its traditional Yorkshire and Humber heartland.
The deals included management buyouts, acquisitions, finance raising, and business sales in sectors including manufacturing, agriculture, catering, telecoms, retail, healthcare, construction, haulage, residential care, IT, and food.
Tony Farmer, head of corporate finance, said: “After an encouraging year, the pandemic is creating new challenges but the big difference to the banking crisis 11 years ago is that the money supply is available and two significant deals we completed during lockdown shows that there is still an appetite for transactions
“Some deals that we have in hand were placed on hold during the lockdown because of their commercial sector. Others slowed down but are now progressing and we are already seeing renewed interest in good-quality businesses.”