BDO was the most active merger and acquisition adviser in the UK last year, according to the 2011 financial adviser league tables published by Experian Corpfin.
The result was underpinned by cross border deals coupled with strong private equity related deal flow. The data recorded a 10.9% increase in the value of transactions in 2011.
It has been estimated that the largest 100 companies in the UK have amassed more than £120bn in cash and this trend of building up cash reserves is being repeated across the wider business community. European private equity (PE) also has some £100bn of uninvested funds. Recent research from BDO into UK PE houses shows that more than 50% of the PE investors in the UK want to increase their deal volumes in 2012.
Richard Kateley of Legal & General discusses the advantages of close cooperation between accountants and financial advisers
The Practitioner becomes frustrated with HMRC's approach to a client's VAT investigation
The firm has made key appointments to its executive team, including a new chief financial officer, and a sales and marketing director
Partners at the insolvency firm Craig Povey and Kevin Murphy were appointed liquidators on 2 February