Welsh corporate finance specialist advises on deals worth £150m
A Cardiff-based business finance firm has advised more than £150million in deals in the last 12 months alone – just months after successfully moving into a new office in the city centre.
Lexington Corporate Finance, which provides advice on corporate sales, debt and growth finance and mergers and acquisitions, has advised on nine major transactions across the UK since September 2021, making it the ‘a leading independent consulting boutique after an equally successful performance in the previous year.
This includes 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, one of Britain’s leading design firms and construction of television and film sets, when it is 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 the business growth fund that had previously backed their dynamic team.
Gary Partridge, General Manager of Lexington, said:
“Despite the two difficult years for companies due to the pandemic, the M&A market has seen a period of resurgence, as companies and well-capitalized investors seek acquisition growth opportunities. This has coincided with the fact that many business owners were considering their personal future in the age of the pandemic and making the decision to move forward with their exit plans. The Lexington team was ready to support these owners and use our transaction experience to get 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. business, because our business sets us apart from our competitors.
“In the meantime, our own plan is to pursue our growth ambitions, supported by the move to our new offices, which are three times larger than those we had before. This will allow us to further expand our team 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.