For the first time in far too long, there appears to be a real sense of optimism in relation to the economy generally and the M&A market in particular.
This is certainly borne out by our own experiences.
Already in this calendar year, we have completed more corporate transactions than we did throughout the whole of 2012, with further deals due to complete in the next 4 to 6 weeks.
While many of our clients (for very understandable reasons) prefer their deals to remain confidential and not to be publicised, we have, by way of example, recently acted for Atlantic Solway Holdings Limited on its investment in Fulling Mill Limited, a world leader in quality fishing fly manufacture and distribution.
Atlantic Solway Holdings Limited, which is led by Scottish entrepreneur and fly fishing enthusiast Alister Jack, has been established to invest in successful companies with good growth prospects.
Rick Bowles, a Director of Atlantic Solway, said “both Andrew Hill (Head of Corporate) and Joanne Holborn (Head of Employment) helped us every step of the way with this complex deal and I was impressed by the experience and expertise that both Andrew and Joanne could offer and the overall level of service I received. This is the second deal that I have worked on with the team at Baines Wilson and I will have no hesitation in using Baines Wilson again on Atlantic Solway’s future investments.”
In addition, we acted for AMW Contractors Limited on the sale of its environmental consultancy business to national group, Adler & Allan. AMW was founded in 1990 by Mark Walker, who said: “As always, it was a pleasure to work with Andrew Hill, Duncan Harty and the rest of the team at Baines Wilson. We were working to very tight timetables and, yet again, the Baines Wilson team went the extra mile to ensure that the deal went through smoothly and on time”.