York business hits £200m in deals – putting it in the UK’s top five
York firm Azets have undertaken deals worth £200 million in the last 12 months, making it one of the top financial advisers in Britain.
The company, based at Monks Cross, was formerly Garbutt & Elliott.
Its 15-strong team handled 29 national transactions. As a result, global information services company Experian has ranked Azets as the UK’s fifth best performing financial adviser by deal volumes.
Deals in the last year included the sale of York IT business HCI York to Advantos Equity Partners, London, and the sale of York-based waste management business, L Clancey & Sons.
Azets Yorkshire head of corporate finance, Tony Farmer, said: “Our team is one of the strongest and most experienced in Yorkshire and Humber which gives our clients confidence whatever the nature, size or time constraints involved and we have a strong and varied deals pipeline for at least the next 12 months.
“Although the economy is forecast to toughen, the money supply remains very strong and there is no let up in the appetite for mid-market corporate deals.
“However, it is becoming increasingly apparent that quality is key and businesses looking to sell need to be well prepared and able to withstand rigorous due diligence.”
Azets, established in 2016, has a network of more than 160 offices and more than 6,500 staff, including Yorkshire, with offices in York and Leeds.