PwC came second, hitting £794m worth of deals, boosted by the $600m (£413m) acquisition of McLeod USA’s directory business by Yell Ltd. Deloitte & Touche came third, but could only rack up £152m worth of deals.
In other news, Ernst & Young has poached Andersen’s Richard Fleming, who was head of corporate finance in the ailing firm’s Leeds office. He spent more than 15 years’ specialising in corporate restructuring, including business reviews, investigations, administrations and receiverships.
And Guy Warrington is to become the new head of corporate finance at KPMG.
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.
Smith & Williamson has added Jim Clark and Philip Marsden, of Marsden Clark Corporate Finance Limited, to its corporate finance team.