Whilst many people were enjoying the unseasonably good Easter weather, the Bishopsgate team were burning the midnight oil, completing 3 transactions in April.
The hat-trick included the following:
· The Management Buy-out of Majestic Bingo;
· The acquisition of Associated Reclaimed Oils by Newark based Enva Specialist Waste, formerly Oakwood Fuels;
· The disposal of Guttridge Limited to the Singapore headquartered Mitchells Group
James McBain Allan, Partner at Bishopsgate Corporate Finance commented:
“It has been a fantastic start to the year for the Bishopsgate team, with three local deals demonstrating the quality of the Midlands as a hub for entrepreneurship. This follows on from the sale of Davies Veterinary to Linnaeus in February and is testament to the investment we have made at Bishopsgate and the hard work and tenacious attitude of the team.
Despite difficult deal-making conditions with the Brexit overhang, we will continue to find creative, high value solutions for our clients and our business has shown tremendous growth in 2018/19.
We will not rest on our laurels and are continuing to look at ways of innovating, growing the team and adding to our market leading service offering. We are also in the final stages of securing a high-profile appointment of a leading dealmaker in the Midlands, who we will announce in the coming weeks”.