Accountants and advisers French Duncan had advised on 25 deals worth almost £200 million in 2018 in both the private and public sectors.
According to its latest figures, deal values ranged from a few million up to £60 million across engineering, hotels & hospitality, aerospace, technology, care homes, manufacturing, property, and construction.
French Duncan was lead adviser for the management buyout of Strathmore Hotels, advised the purchaser of the DoubleTree by Hilton, TreeTop in Aberdeen, and was adviser in the Hallmark Hotel Bournemouth deal sold by Topland to MLS.
The firm has also been active in the grants sector raising grants gaining in the region of £15 million for clients in financial services, manufacturing, and contact centre/business outsourcing.
This included one of the largest single Regional Selective Assistance grants in recent years of £6.6 million which, as part of an overall £12.8 million grants package for a single client.
Iain Walker, Director, Corporate Advisory at French Duncan LLP, said: “We had a fantastic 2018, advising on a range of deals in Scotland and England, across a wide range of sectors.
"The reasons behind the deals were diverse including a son buying out the family hotel begun by his dad decades ago to a technology firm being acquired by an international group. The appetite for deal making remains strong and business owners were as active last year as in any year before.”
“We also supported a large number of businesses in securing grants to assist in their expansion and growth. In addition, we were involved in a great deal of due diligence again across a wide range of sectors.”
Iain concluded: “Deal activity remains positive going into 2019 and business owners will continue to merge, to acquire other businesses, and to grow to fulfil their ambitions.”
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