EY teams in the North of England based across the firm’s Leeds and Manchester offices acted on 10 transactions worth a total of almost £1bn in the first half of 2025.
EY in the North advised technology company, Telent on its sale to infrastructure services provider M Group.
In another technology deal, the firm provided financial, taxation and technology vendor due diligence for software company, Continia on its investment from private equity firm, VIA Equity.
Within the business services sector, it provided services on the sale of IMS Euro Group to private equity firm, Elysian Capital.
IMS Euro, a growing non-pharmaceutical medical consumables business, was advised by the Mergers and Acquisitions (M&A), debt, strategy and tax teams on the transaction. The M&A team also led the sale of Adare SEC, a specialist printing business, to Mail Metrics Ltd.
EY’s Transaction Diligence team advised home delivery and warehousing company, ArrowXL on its sale to transport and logistics business, Jacky Perrenot.
And EY supported agriculture manufacturing company Carr’s Group PLC on the sale of its engineering division to safety products provider, Cadre Holdings.
There was further deals activity in the industrials sector, as the firm provided buyside financial and taxation due diligence for personal protection manufacturer and provider of sustainable safety solutions, Globus Group, on its acquisition of Global Glove & Safety Manufacturing Inc.
Mark Clephan, UK corporate finance leader and North M&A partner, said: “Despite a range of complex headwinds, including global trade market volatility and economic uncertainty, it’s encouraging to see businesses continued to drive forward with strategic deals activity throughout the first half of 2025.
“Following a challenging period for the UK deals market over the last year or two, we are pleased that our dedicated team of experts in the North of England have supported our clients with a diverse range of transactions so far this year.
“Although the UK’s economic outlook remains relatively subdued, our deals pipeline is strong, and we look forward with optimism to continuing to collaborate with clients as they explore opportunities for mergers, acquisitions, investments, divestments and more across the remainder of the year.
“The technology, industrials and business services sectors saw some particularly significant activity during the opening months of 2025 – a trend that we expect to continue – and we are well-positioned to continue supporting deals in these markets and beyond.”
EY’s North team provided financial and taxation vendor due diligence for GEV Wind Power which was bought by sector-focused investor, Certek.
It also provided sell-side advice to FES International – a provider of fluid transfer solutions to the offshore oil, gas and renewables industries – on its sale to precision engineering group Hunting PLC.
Source: thebusinessdesk.com