Spread across three offices in Liverpool, Manchester and London, Hill Dickinson’s corporate team successfully completed 80 deals during the year. Tony McDonough reports
Liverpool law firm Hill Dickinson has revealed its national corporate team helped deliver deals worth £1.5bn in 2019.
Spread across three offices in Liverpool, Manchester and London, the team successfully completed 80 deals during the year. They included advising bio-pharma investment company Juvenescence on its successful $100m fundraising project.
Hill Dickinson, based at St Paul’s Square in Liverpool, also acted for Business Growth Fund on the MBO of loading systems manufacturer Joloda that won ‘Deal of the Year’ in the sub £10m category at the 2019 North West Insider Dealmaker awards.
The firm’s Liverpool corporate team also advised management in December 2019 on the MBO of King Construction, backed by an investment of £11.6m from NVM Private Equity.
Craig Scott, Hill Dickinson’s national head of corporate, said: “The impressive variety of UK and cross border M&A, PE and public equity finance deals completed nationally across our corporate teams in 2019 reflects a huge team effort on behalf of our clients.
“We maintained a top five ranking nationally in the AIM Advisors ranking guide for the high number of AIM-listed clients we continued to advise during the period and advising our clients for the second consecutive year on deals with an aggregate delivered value of over £1.5bn is an achievement of which our team is extremely proud.”
The firm has continued to invest in and expand its corporate team presence in London and the North West with a number of recent hires, including the most recent arrival in January 2020 of new partner Shantanu Sinha, who has joined the London team from Mishcon de Reya.
Mr Scott added: “Although we anticipate some Brexit-related challenges ahead in 2020, our current team pipeline of ongoing deals for Q1 of 2020 remains very positive, with some large deals already completing or under way.”
Hill Dickinson operates across the UK in Liverpool, Manchester, London and Leeds and well as internationally from the port city of Piraeus in Greece, Singapore, Monaco and Hong Kong. In August 2019 it reported a 10% rise in annual revenues more than £90m. Distributable profit also soared 20% to £16.8m with a 27% rise in profit-per-equity-partner to £370,000.