EMC Corporate Finance enjoys a record year
EMC Corporate Finance has been involved in transactions worth in excess of £100m over the last 12 months.
The firm has had one of its busiest ever years acting for the purchasers and sellers of businesses, and boards of directors looking to raise finance.
One of the biggest deals was the sale of the Eastbourne-based Genesis Forwarding Group which was acquired by the giant Australian Toll Group in a A$150 million double deal also involving the WT Sea Air Group based in Harmondsworth, Middlesex.
Other transactions have included:
- Acting for the vendor in the £2.5m sale of a Sussex private school.
- £24 million fund-raising for a medical project in Sussex.
- £1.5m sale of a Kent golfing park.
- Advising on the acquisition of a £4m private insurance fulfilment company.
- Advising the management team on a £5m buy-out of a Surrey construction company.
- Private equity fund-raising for a commercial insurance broker in Sussex.
- Advising the owner of a specialist engineering company on the sale of a £500,000 shareholding.
- Raising £1m in funding for an exhibition/design company in London.
- Advising on the purchase of a specialist freight business in Kent for an undisclosed sum.
- Fund-raising for a sportswear business in Sussex.
Director Desmond High said: “In a relatively quiet market overall, we’ve had one of our busiest years. I think that’s because the unrest of the last two years has made companies think more about the support they need either to avoid a crisis or maximise an opportunity. The high level commercial approach we take to deal management seems to be to their liking.”
July 2011