The corporate team at leading UK law firm Shoosmiths have made a record-breaking start to the year, increasing its ranking to 3rd in the volume of mergers and acquisitions (M&A) deals made in the UK in the first half of 2021. The national team are on track for a record year, advising on over £4 billion worth of high profile and complex transactions in the last 6 months.
In the South East, Shoosmiths placed first after working on 36 deals during the half year period, demonstrating the firm’s reputable prominence within the sector. Further successes include a particularly active first quarter for the Manchester corporate team, advising on over £1 billion worth of transactions.
Recent highlights include advising Berkeley DeVeer on the acquisition of UK residential property developer, Avant Homes and RL Datix on the acquisition of UK human capital management solutions provider Allocate Software.
The latest Experian Mergers and Acquisitions report notes a busy first six months for Shoosmiths in 2021, its corporate team continuing to provide unrivalled levels of support for a plethora of noteworthy and high value transactions. The report also notes general positive trends for the M&A market within the UK, with 3,385 recorded transactions involving a UK company in H1 2021, a 16% increase.
Stephen Porter, head of the corporate division at Shoosmiths, said: “Our increase in rankings and overall transaction value across the UK showcases the hard work of our teams here at Shoosmiths. The level of activity demonstrates an encouraging appetite for M&A amongst our high-profile clients, and heartening signs of a resilient UK economy.
“With transactions up across teams, the sheer size, value and complexity of the deals the firm has advised on continues to rise – and we look forward to a busy remainder of this year and beyond.”