Successful Double Deal for Grant Thornton’s Corporate Finance Team | Central and Eastern offers

Grant Thornton UK’s corporate finance team completed two deals in Peterborough in one week as activity levels remain high after a record 2021.

In recent transactions, the team has advised the shareholders of two Peterborough companies, one operating in the property management sector, the other in packaging.

The first saw the sale of PREIM, a residential property management agent with a portfolio of more than 16,000 properties, to Encore, a company backed by private equity investor Queen’s Park Equity.

The second deal involved flexible packaging and lidding film supplier KM Packaging being sold to its employees through an employee share ownership trust.

Stuart Davies, director of corporate finance at Grant Thornton in Cambridge, said: “There is a tangible buzz around Peterborough with a significant appetite for investment in the area, reflecting the picture across the region where the appetite for trade and private equity remains strong.

“I’m thrilled for both sets of shareholders who have built fantastic businesses and we’re excited to deliver the right results for them and their teams as they enter the next chapter of growth.”

In 2021, the Grant Thornton team advised 28 transactions in the Central and Eastern region.