Harrison Drury completes 20th transaction of 2018

By Lancashire Business View

15 May 2018

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In the first five months of 2018, law firm Harrison Drury has already doubled the value of deals it completed in the whole of the previous year.

So far this year, the firm has completed 20 transactions – including business sales and purchases, investments and fundraising – with a total deal value of £54.5m.

This is twice the £27.5m value of the 48 deals the firm dealt with across 2017.

Notable transactions the firm has been involved in so far in 2018 include the sale of Cheshire-headquartered County Group insurance brokers to Global Risk Partners, the acquisition of CIC Creative by Lancashire-based Blink-Photo Ltd, the sale of the majority shareholding in FIT Events Ltd to global events company Angus Montgomery Ltd, and the sale of Cumbria-based Bainbridge Electrical Ltd to its management team.

David Filmer, head of the corporate team at Harrison Drury, said: “There are a number of factors behind this increase. I believe the underlying confidence and strength in the economy, despite obvious uncertainties, is one of those. There’s also an appetite from lenders and investors to get deals done. “From our own point of view, we’ve built on the successes of last year. Our reputation for the quality of our corporate work, and ability to handle more complex transactions, is growing. We’re picking up higher value work as a result and our deals pipeline looks healthy."

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