Brabners' dealmakers support on close to £500m of transactions with over a quarter from Yorkshire office
Having supported 85 deals this year, with an average value of more than £5.5m, Brabners is on track to surpass the 127 transactions it advised on in 2022 and exceed its pre-pandemic performance for the third year in a row.
The firm’s 50-strong corporate team, which is one of the largest in the north of England, has supported a broad range of significant transactions in recent months, including Manchester Airport Group’s acquisition of ParkVia.
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Hide AdOver a quarter of the total deals for the first six months of the year came from the firm’s growing Leeds office, which recently marked a year since its launch. The Leeds team was instrumental in the sale of The Pharmacy Group to Leeds-based HubRx, which was one of the largest deals in the retail pharmacy sector nationally in the past 12 months, covering 34 community pharmacies and more than 300 employees.
Marcus Armstrong, partner and practice group head (Leeds), said: “We can expect an active second half to 2023, with trade buyers – often private-equity backed – seeking opportunities to build out their offer with the acquisition of complementary organisations.”