Image credit – Blake Morgan
Blake Morgan’s Cardiff corporate team has just wrapped up an extremely busy financial year with a strong market and a promising pipeline ahead, having advised on 58 transactions with deals totalling £380 million.
James Williams, partner and head of the corporate team, highlighted that the busy period is a testament to the team’s dedication as well as their clients’ trust. ‘The market remains robust, particularly in technology, life sciences, health and social care,’ he added. ‘Our deep experience and comprehensive support have been crucial in navigating several complex transactions.’
The firm’s corporate team is lauded as one of the most experienced in South Wales, with experts versed in succession planning, acquisitions, disposals, MBOs/MBIs, private equity and venture capital transactions, as well as strategic acquisitions. Their know-how in healthcare has been particularly beneficial for clients dealing with increased regulatory requirements.
Institutional fundraising has been another area of focus for Blake Morgan – the firm has advised on over 20 investment transactions in the past year, including supporting Evertrek on the first investment from the new Wales Regional Investment Fund. This case has truly showcased their skill in early-stage venture capital and PE-backed buyouts.
Other key deals of 2023-2024 for the team include advising Alcumus Holdings on the acquisition of Planet First, a net zero and ESG consultancy, and guiding LDC in the buyout of Idwal Marine Services, an award-winning shipping and marine inspection business.
James added that despite a tough economic environment, deals are still taking place, and the firm’s pipeline looks strong. Corporate buyers with strong balance sheets in particular are likely to seize opportunities since they’ve been less affected by rising interest rates and debt availability issues.
Looking ahead, Blake Morgan believes the outlook for the Welsh investment market is positive. With support from the new Investment Fund for Wales and Cardiff Capital Region, and more interest from venture capital and private equity funds, Welsh businesses are set for more growth in the year ahead.
Find out more about Blake Morgan’s expert services at blakemorgan.co.uk