2019 Business Highlights

Oct 23rd 2019 Author:

Lord Leigh of Hurley

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Delivering your business ambition through leading equity capital markets and corporate finance expertise, Plc advisory, debt advisory, private fundraising and sell-side and buy side M&A advisory.

Lord Leigh of Hurley, Senior Partner of Cavendish and Deputy Chairman of finnGroup plc commented: “Undoubtedly this year has been challenging for M&A activity, primarily resulting from economic uncertainty, trade tensions, and a lack of clarity around Brexit.

However, Cavendish has so far had a healthy flow of deals, across a range of sectors, such as media, ecommerce, drinks, industrials and tech, and involving both UK and cross-border transactions, as well as strategic trade and private equity buyers.

Recent highlights include the disposal of four businesses for Centaur Media, advising the UK’s leading post-production company The Farm Group on its sale by WPP to major US film company Picture Head, and most recently handling the sale of fine wine merchant Lay & Wheeler by Naked Wines Plc.

We are optimistic that once the current, short-term political uncertainty is resolved, the long-term fundamentals of the UK economy and the underlying strength of the country’s growth companies will re-assert themselves and M&A deal flow will continue to rebound.”

Stuart Andrews, Managing Director of finnCap commented:

“Whilst the market backdrop has not been welcoming and the political environment has been at best uncertain, we have continued to execute on transactions across the piece. From PLC bid advisory to raising funds for growth capital or an acquisition we aim to deliver certainty and ensure that clients can continue to realise their ambitions whatever the political weather.”