Continuing corporate finance success

As the leading transactional firm in the Thames Valley, HMT continues its success in corporate finance with over 20 deals already completed this year of an aggregate value in excess of £300 million.

After advising on the MBOs of Whistl and ILG last year, we have again demonstrated our expertise in the logistics sector by completing two major transactions in the industry – the MBO of Dalepak led by Sovereign Capital and the disposal of QTR Transport to Palletforce Ltd.

We also led the Series B investment in Channel Mum by NVM who joins iTV as investors in the fast-growing online vlogging business.

The fashion and retail sectors have shown a strong deal making activity with several transactions completed including the investment in Thread by Beringea and the fundraising for online fashion retailer Little Black Dress.

As well as leading deals, our transaction support team which includes due diligence, debt advisory, financial modelling and transactional tax has had a very pro-active new year.

Our team has undertaken due diligence for Sovereign Capital, Beringea, LDC, Maven, Mobeus and Encore Capital and we currently have 10 live deals with private equity investors and banks expecting to close this autumn.

Our debt advisory team has led several transactions across a range of debt products whether refinancings, expansion capital or financial restructurings. Financial modelling is a dedicated service line as part of our transaction support offering having supported Equiom’s fundraise at the start of 2016.

Our transactional tax team led by Holly Bedford-Bell had a busy start to the year with the budgetary changes and we continue to see a steady stream of clients looking to realise capital exits.

As the ‘Independent Firm of the Year’ for the South-East at the British Accountancy Awards last year, our corporate finance expertise was recognised again at the 2016 Thames Valley Deal Awards wining ‘Corporate Finance Team of the Year’ and Deal Maker of the year. In addition two deals we advised on were awarded ‘Deal of the Year’ in their respective categories – the MBO of BOFA International (under £25 million) and the MBO of Whistl UK (over £25 million).

With our wide range of corporate finance services, and deal-doing leadership we look forward to continuing our success for the rest of 2016 and beyond.