Lincolnshire

Corporate finance transactions look strong for 2017 says Lincolnshire dealmaker

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There is a strong outlook for corporate finance transactions in 2017 as Brexit and the new US president help to create new interests in business acquisitions, according to Streets Corporate Finance.

Whilst there is much talk about uncertainty in the economy and the business world, this doesn’t seem to have suppressed interest in or the demand for deals in the corporate finance sector.

To some extent, the Brexit and the US presidential election have helped to create new interest in business acquisitions, disposals, mergers and restructures.

Neil Gray, Head of Streets Corporate Finance, said: “There is a genuine appetite for businesses both to look at deals and restructure, whether it forms part of a growth strategy, a need to improve competitiveness or for exit and succession.

“Ironically whilst there is an air of uncertainty, business confidence and the general sense of the need to do things appears to be the driver — in essence the conditions are right.”

The firm, which deals with trade sales, management buyouts and raising equity, completed 20 transactions last year.

So far in 2017, the team has already received a high level of interest and deal enquiries and from this predict a busy year ahead.

Neil Gray believes that deal flow could continue to strengthen during the Brexit negotiations as business owners deal with the known economic circumstances.