30 May 2017

Bond Dickinson's corporate team in Leeds has been ranked second in Experian's Q1 2017 league table, up from 20th place.

The table ranks firms for the volume of deals they have completed in the last three months. Across the region there was a total of 102 M&A and ECM transactions announced in Yorkshire & Humber in the first three months of 2017, a decrease of 35% on the 157 deals recorded for the corresponding period the previous year.

Yorkshire & Humber based companies were involved in 7.5% of all UK deals in Q1. Across the UK Bond Dickinson was ranked 15, up from 35 last quarter.

Simon Pilling, Corporate Partner, said: "Last year certainly delivered some surprise results for Yorkshire and the country more generally yet deal volumes held up remarkably well. With ongoing political uncertainty surrounding Brexit and the upcoming General Election it perhaps isn't surprising that we've seen a drop in the total number of deals in Q1 – across the UK there were just 1,366 transactions announced during Q1, a decline of 25.5%.

"I am delighted that despite the uncertain environment Bond Dickinson is continuing to support and advise a number of different clients on a variety of corporate deals. After an incredibly strong 2016 we have had a busy start to the year and have a strong pipeline of activity ahead of us. It's fantastic to see the efforts of a great team reflected in this latest Experian league table.

"The slowdown, across the market, creates a window of opportunity for strategic acquisitions and I believe many in the business community are looking forward with confidence."

Earlier this month Bond Dickinson also published a report: Close Encounters: The Power of Collaborative Innovation which explores the deals between large organisations and UK SMEs, including mergers and acquisitions, minority stake purchases and joint ventures from April 2013 to April 2017.