TAIT Walker’s corporate finance team has again been named as the leading adviser in the North East during 2012, for a fifth time.
The independent national survey carried out by research firm Experian shows the volumes of transactions advised on, broken down by region. This year Tait Walker ranked first in the North East alongside PwC and Panmure Gordon.
Tait Walker has topped the league for the volume of transactions across five of the last six years - only coming a close second in 2009. Both of Tait Walker’s Newcastle and Teesside offices have contributed to this ongoing success.
Last year saw the corporate finance team advise on the highest value deal in Tait Walker’s history. This was alongside high profile deals such as the sale of TechDrill to National Oilwell Varco and Datawright to Kerridge.
Tait Walker partner Michael Smith said: “We have been heavily involved in the North East corporate finance market for the past 25 years, building the foundation of an impressive breadth of contacts with banks, lawyers, and venture capitalists, together with our ambitious client base. This has led to us successfully completing a greater volume of higher value deals than ever before.
“The sale of Datawright to Kerridge is a particularly good example of how closely we work with our clients as we had already advised on the management buyout of the firm six years previously, so to then see through the sale was incredibly satisfying.
“Corporate finance has always been important for Tait Walker. Despite the recent economic conditions, we have continued to invest in our team.
“The North East has one of the highest levels of manufacturing, engineering and renewables companies in the UK which is currently attracting much inward investment in our region.
“It is also drawing increasing attention from venture capitalists. This should prove to be a catalyst in increasing the number of transactions in 2013, and I firmly believe Tait Walker will continue to be at the forefront of this.”