The Lancashire deal market continued to provide robust figures for the first half of 2015, driven by growth in the SME sector and rising deal values at the top end of the market.
By Chris Summerscales, Seneca Partners.
Although slightly down on 2014, the 2015 figures represent another robust return for the region, particularly against a backdrop of political uncertainty in the run up to the recent election.
The region has seen some large deals during the first half of the year, including Daisy Group’s acquisition of Phoenix IT, the MBO of Synexus and the acquisition of Promethean World by Digital Train.
With improving access to bank funding and a willingness from equity funders to support growing businesses, market conditions are currently favourable for acquisitive growth.
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