Howes Percival advises on £300m of Q1 corporate deals
Howes Percival’s corporate, commercial, and banking (CCB) team has had a strong start to the year, completing 37 deals with a combined value of just over £299.5 million in Q1.
The firm has seen activity across a wide range of sectors including hospitality, leisure, agriculture, technology, healthcare, fashion and property development – and says there are no signs of things slowing down.
The Q1 volumes are a result of ongoing high levels of M & A, financing and restructuring activity, and the strength and depth of expertise of Howes Percival’s CCB team. The team advises on significant and transformational acquisitions, disposals, a full range of contractual matters and provides dedicated banking and finance services to its borrower clients, banks, financial institutions, funds, and other lenders.
The team project-manages transactions – liaising with bankers and corporate finance houses – and works alongside in-house specialists on tax, employment, IP and commercial property matters.
With ambitions of becoming the ‘go-to’ firm for corporate, commercial, and banking advice in the Central and Eastern regions, significant investment and senior strategic hires have seen Howes Percival’s CCB team expand by more than 50 per cent since 2019.
Oliver Pritchard, Howes Percival’s leading corporate partner in the region, said: “We’ve had an incredibly strong start to 2022, with activity across all our sector specialisms – with deal values ranging from £50,000 to over £100 million.
“Cambridge is a fantastic place to do business. The economy here is thriving and there is plenty of optimism locally, despite everything going on in the wider world.
“There is such a strong entrepreneurial spirit in the area and that has helped organisations take advantage of the opportunities presented by the post-pandemic economy. As a result, we are seeing demand for a wide variety of legal requirements.”
Howes Percival partner, Matthew Potter, added: “People are integral to our success. We are ranked in the ‘UK’s 100 Best Large Companies to Work For’, and it is something we have worked incredibly hard on in recent years. We are recruiting to further expand our Cambridge office at the moment and our growing reputation means that people want to come here.”