Value of UK M&A Deal Activity up 11% in 2011, According to Experian Corpfin

Experian Corpfin, part of the global information services company Experian, has revealed that the total value of UK mergers, acquisitions, flotations, rights issues and placements was £229bn for 2011, an increase of 11% on 2010. The overall volume remained fairly constant, dropping by only 2%.

The value of UK large transactions (those exceeding £100m in value) where a consideration was disclosed was up by 13% to £201bn in 2011, with the volume of transactions (300) identical year-on-year.

BDO International has been the most active financial advisor by volume with 83 deals, while Citigroup topped the value league with deals worth a total of £48bn. The leading legal advisors were DLA Piper (126 transactions) and Sullivan & Cromwell (£43bn total deal value from 13 transactions).

Forty-five percent of all European transactions involved a UK firm, while the UK contributed to a 37% of the total value of European deals during 2011. During 2010 the UK was represented in only 39% of the European M&A activity and 31% of the value.

Europe and the Rest of the World

  • The total value of European transactions in 2011 was £618bn, a decrease of 8% on the 2010 values. There were 16% fewer transactions during this year with 9,579 compared to the 11,353 witnessed in 2010.
  • In the US volumes were down in the year by 23%, while values were up by 7%.
  • Asia-Pacific witnessed declines in both volume and value during 2011, by 13% and 17% respectively.

Wendy Smith, business development manager at Experian Corpfin, said: “A 20% increase in the volume of private equity backed buy-outs means that UK M&A deal activity has remained relatively robust in 2011, with a notable increase in the total value of deals – especially at the large end – against stable volumes. There still appear to be good opportunities for investment and growth across the country.”


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