The top dealmakers of the last decade have been honoured at the tenth annual Sheffield City Region Dealmakers Awards.
In recognition of the milestone event, four special awards were presented, along with the usual prizes. David Forrest, of BHP Corporate Finance, was named Dealmaker of the Decade as his company scooped Corporate Finance Advisory Firm of the Decade. DLA Piper was named Law Firm of the Decade and HSBC was named Bank of the Decade. Mark Durden-Smith was the compère for the event, which was held at St Paul’s Mercure Hotel, Sheffield.
Yorkshire Business Insider editor Adam Lovell said the assembled winners and shortlisted companies “have transformed the commercial landscape of the Sheffield City Region – a region which is packed with phenomenal entrepreneurs”. He said: “The corporate finance community has helped shape businesses for sale, they have helped owners realise value, they have empowered and franchised people to become company directors, and they have been instrumental in creating wealth and supporting economic growth.
National / International Deal of the Year
Winner: Buyout of Precision Technologies International
Castle Square Corporate Finance, PwC, Nabarro and Freeths were all involved in the deal which was a private equity and leverage debt backed management buy in/buyout led by entrepreneur Kevin Parkin of Birmingham-headquartered Precision Technology. Panoramic Growth Equity, Finance Birmingham and Santander all backed the deal for Precision, which is a component supplier to the aerospace industry, and counts blue-chip names such as Goodrich, Smiths and Westland as customers. The company is also a supplier to Formula 1, both to teams and engine manufacturers. This category created a year ago to recognise the skills and expertise of the community which is being harnessed on deals outside of the Sheffield city region boundaries.
Shortlisted: £251.54m reverse takeover of INVE Aquaculture by Benchmark Holdings, sale of Kerfoot Group to Groupe Avril, Yu Group IPO, Liberty Global and Discovery Communications equity investment in Formula-E