EY’s corporate finance team completes £700m of North West deals so far in 2017

Highlights of the year so far include Kohler Power Group’s acquisition of Merseyside-based Clarke Energy and the sale of Spring Petroleum to MRH. Tony McDonough reports.

EY is on course to exceed its 2016 deals total of £3bn

Corporate finance advisors in the North West operation of accountancy firm EY have already completed deals worth £700m so far in 2017.

The team is well on track to exceed the £3bn of deals completed in 2016.

Highlights of the year so far include Kohler Power Group’s acquisition of Merseyside-based Clarke Energy and the sale of Spring Petroleum to MRH.

In 2016 EY’s North West transaction advisory services team completed deals that included NorthEdge Capital investment in ITC Luxury Travel and its acquisition of Abbey Logistics Group.

Richard Harding, partner and national markets transaction advisory services leader for the North, said: “2016 was another great year for transactions in the North West, with an active local market and significant interest in the region from international investors.

“There is appetite and ability to perform cross border transactions here in the North West and we expect this trend to continue, particularly given the benefit to overseas buyers of sterling depreciation.”

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