HMT triumphs at the 2017 Thames Valley Deal Awards

It has been a very successful year again for HMT at the 10th edition of the Thames Valley Deals Awards as we have been awarded Due Diligence Team of the Year. A deal we have led and advised on the investment in Channel Mum won Deal of the Year in its category.

The Thames Valley Deals Awards gala evening took place last night at the Royal Berkshire Conference Centre, and was attended by over 350 leading members of the region’s deal-doing community. HMT went into the evening with several nominations being finalists in all the categories that we were eligible for. Once again we triumphed as our team was called on the stage to receive one of the most prestigious recognitions given on the night: the ‘Due Diligence Team of the Year’ award. HMT has won an award at every event since their creation in 2007 and this is the first time that HMT has won this category after being recognised as Due Diligence Outstanding Performer in 2014.

But this success was only the beginning as later that evening, the investment in Channel Mum by NVM, a deal we have led and advised on was voted Deal of the Year (under £10 million).

We are delighted to have been recognised at the Thames Valley Deals Awards by our peers from the corporate finance community, and we are extremely proud and thankful to our clients for their nominations as well as our whole team’s tremendous efforts and hard work in the past year. Winning the ‘Due Diligence Team of the Year’ award is the result of a real team effort from our transaction support team who have completed over 20 deals in the past 12 months.

HMT have enjoyed an extremely productive and successful start to the year with 8 deals already completed since January 2017. The HMT team have advised on the acquisition of Vee Bee Filtration by Signum Technology, the investment in Xupes by Downing LLP, the MBO of Clamason supported by Connection Capital and the investment in My 1st Years by Beringea amongst other deals since the beginning of the year.

After being voted “Independent Firm of the Year” for the South East region at the 2015 British Accountancy Awards and “Corporate Finance Team of the Year” at the 2016 Thames Valley Deals Awards, this recognition at the 2017 awards, further endorses our position as the leading transactional team in the Thames Valley and the South of England.

Speaking of the successful evening, Paul Read commented:

“‘We are delighted to win Due Diligence Team of the Year and with 5 deals completed already this year and a number due to complete this month we are looking forward to an exciting and busy time ahead. We would like to thank our clients and peers for their continuous support and congratulate NVM, Channel Mum and the advisers on the deal for their success last night.”

HMT triumphs at the 2017 Thames Valley Deal Awards

It has been a very successful year again for HMT at the 10th edition of the Thames Valley Deals Awards as we have been awarded Due Diligence Team of the Year. A deal we have led and advised on the investment in Channel Mum won Deal of the Year in its category.

The Thames Valley Deals Awards gala evening took place last night at the Royal Berkshire Conference Centre, and was attended by over 350 leading members of the region’s deal-doing community. HMT went into the evening with several nominations being finalists in all the categories that we were eligible for. Once again we triumphed as our team was called on the stage to receive one of the most prestigious recognitions given on the night: the ‘Due Diligence Team of the Year’ award. HMT has won an award at every event since their creation in 2007 and this is the first time that HMT has won this category after being recognised as Due Diligence Outstanding Performer in 2014.

But this success was only the beginning as later that evening, the investment in Channel Mum by NVM, a deal we have led and advised on was voted Deal of the Year (under £10 million).

We are delighted to have been recognised at the Thames Valley Deals Awards by our peers from the corporate finance community, and we are extremely proud and thankful to our clients for their nominations as well as our whole team’s tremendous efforts and hard work in the past year. Winning the ‘Due Diligence Team of the Year’ award is the result of a real team effort from our transaction support team who have completed over 20 deals in the past 12 months.

HMT have enjoyed an extremely productive and successful start to the year with 8 deals already completed since January 2017. The HMT team have advised on the acquisition of Vee Bee Filtration by Signum Technology, the investment in Xupes by Downing LLP, the MBO of Clamason supported by Connection Capital and the investment in My 1st Years by Beringea amongst other deals since the beginning of the year.

After being voted “Independent Firm of the Year” for the South East region at the 2015 British Accountancy Awards and “Corporate Finance Team of the Year” at the 2016 Thames Valley Deals Awards, this recognition at the 2017 awards, further endorses our position as the leading transactional team in the Thames Valley and the South of England.

Speaking of the successful evening, Paul Read commented:

“‘We are delighted to win Due Diligence Team of the Year and with 5 deals completed already this year and a number due to complete this month we are looking forward to an exciting and busy time ahead. We would like to thank our clients and peers for their continuous support and congratulate NVM, Channel Mum and the advisers on the deal for their success last night.”

Maximising the value of your business

As a business owner, deciding to sell your company is the most important business decision you will ever make. After years of hard work, you obviously want to get the best price for your business which is why you need to plan your exit carefully to maximise value. Our team explains some key factors, in increasing priority, that make businesses more sellable in the eyes of acquirers.

  • Management team – your existing management team may want to explore the possibility of buying the business from you. A complete and experienced team creates options for you whereas an incomplete one either indicates actions forward presale or determines the need to sell on a synergy basis.
  • Independence – your business is not reliant on anyone and independent of others which reduces the risk of other factors influencing the success of your company.
  • Scalability – it is critical to acquirers that your business can grow as they will assume you have managed the business to maximise value in the run up to sale.
  • Recurring revenue – receiving recurring revenues from customers whether it is contracted annual revenues such as maintenance, or regular income from recurring customers provides a certainty of income to potential acquirers. It also improves funding status with banks for the buyer which open up potential for higher pricing.
  • Customer concentration – it needs to be carefully considered if your Top 2 customers add up to more than 40% as income risk will be higher.
  • Low market share – although it sounds counter-intuitive, low market shares suggest the business has a good potential to grow in new geographies or markets
  • Company size – this is really all about recognising when the business has outgrown you. It can be considered as an opportunity for an acquirer to grow the business to the next level.
  • Industry growth – a rising tide lifts all boats but you have to be able to exploit the market advantages that are created.
  • Profitability growth – it is an absolute key driver to value. A business with a potential to grow rapidly in terms of profit is always valued more highly than a business with a steady profit year in year out. It is down to many factors not least confidence in your offering but also validation by an increasing market awareness.
  • Scarcity/IP – it doesn’t just mean technology and can be a process, market position, license to operate as well as innovation.

As experts in M&A Advisory our corporate finance team can help you prepare your business for sale and lead and advise you through the process from early stages to completion. Please do not hesitate to contact our team on 01491579740 for more information.

Maximising the value of your business

As a business owner, deciding to sell your company is the most important business decision you will ever make. After years of hard work, you obviously want to get the best price for your business which is why you need to plan your exit carefully to maximise value. Our team explains some key factors, in increasing priority, that make businesses more sellable in the eyes of acquirers.

  • Management team – your existing management team may want to explore the possibility of buying the business from you. A complete and experienced team creates options for you whereas an incomplete one either indicates actions forward presale or determines the need to sell on a synergy basis.
  • Independence – your business is not reliant on anyone and independent of others which reduces the risk of other factors influencing the success of your company.
  • Scalability – it is critical to acquirers that your business can grow as they will assume you have managed the business to maximise value in the run up to sale.
  • Recurring revenue – receiving recurring revenues from customers whether it is contracted annual revenues such as maintenance, or regular income from recurring customers provides a certainty of income to potential acquirers. It also improves funding status with banks for the buyer which open up potential for higher pricing.
  • Customer concentration – it needs to be carefully considered if your Top 2 customers add up to more than 40% as income risk will be higher.
  • Low market share – although it sounds counter-intuitive, low market shares suggest the business has a good potential to grow in new geographies or markets
  • Company size – this is really all about recognising when the business has outgrown you. It can be considered as an opportunity for an acquirer to grow the business to the next level.
  • Industry growth – a rising tide lifts all boats but you have to be able to exploit the market advantages that are created.
  • Profitability growth – it is an absolute key driver to value. A business with a potential to grow rapidly in terms of profit is always valued more highly than a business with a steady profit year in year out. It is down to many factors not least confidence in your offering but also validation by an increasing market awareness.
  • Scarcity/IP – it doesn’t just mean technology and can be a process, market position, license to operate as well as innovation.

As experts in M&A Advisory our corporate finance team can help you prepare your business for sale and lead and advise you through the process from early stages to completion. Please do not hesitate to contact our team on 01491579740 for more information.