Milestone for a corporate finance company
A Cardiff-based business finance firm has revealed how it has advised more than £150million in deals over the past 12 months after successfully moving to a new office in the city centre.
Lexington Corporate Financewhich advises on corporate sales, debt and growth finance and mergers and acquisitions, has advised on nine major transactions across the UK since September 2021.
The work included closing two major transactions on the same day in June, where Lexington acted as lead corporate finance adviser to the shareholders of Cardiff-based 4Wood TV and Film, a design and build company for television and film sets, when it was sold to the management. team, while supporting the successful acquisition of Lancashire company MKT Logistics by Turners Group, which operates from 32 locations across the UK.
Other transactions the firm has advised on over the past 12 months include the acquisition of Bridgend-headquartered Thunder Road Motorcycles – one of the region’s largest motorcycle dealerships – by Completely Motoring Group , as well as advising tech company DevOpsGroup on its sale to Sourced, which provided a successful exit for BGF.
Gary Partridge, Managing Director of Lexington, said: “Despite the two difficult years for businesses in the wake of the pandemic, the M&A market has seen a resurgence as companies and well-capitalized investors seek out opportunities. of growth acquired.
“It coincided with many business owners considering their personal future in the age of the pandemic and making the decision to move forward with their exit plans. The Lexington team stood ready to support these owners and to use our transaction experience to achieve positive results.
“Given the current economic uncertainty, transactions over the next 12 months will be subject to more scrutiny and due diligence – which is why having an experienced team of finance specialists is even more important than ever. company, because our business sets us apart from our competitors.
He added: “In the meantime, our own plan is to pursue our growth ambitions, driven by the move to our new offices, which are three times the size of our previous ones. This will allow us to grow our team even further. which, alongside our new brand and website, solidifies Lexington’s position as one of the largest independent corporate finance specialists operating in the south of the UK.”
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