Firm News
Myerson Solicitors is pleased to share the news that their Corporate Team has had its most successful year to date. Throughout the firm's 2022/2023 Financial Year, the Corporate Team has been involved in deals with an aggregate value in excess of £330 million, capping off a highly successful period during the firm's 40th anniversary.
The Myerson Corporate Team has advised on an exciting portfolio of deals, including a range of mergers and acquisitions, many with a cross-border element, as well as high-value private equity and banking work. The team has solidified its expertise in cross-border work over the last 12 months, which has been a significant driver of the corporate deal pipeline.
The Corporate Team advised Germany-based TÜV Rheinland, a world-leading testing service provider, on several exciting acquisitions over the last 12 months. These acquisitions include TÜV Rheinland’s acquisition of part of ABB’s energy industries division and the acquisition of D/Gauge
Continuing the cross-border trend, Myerson successfully advised Steuler Group, a global company also based in Germany, on its acquisition of a controlling interest in Ancorite Surface Protection.
Myerson continued to support its long-standing client AQA Education on strategic acquisitions. These acquisitions include Training Qualifications UK and businesses in the Education Technology sector, Blutick and GradeMaker. These exciting acquisitions will aid in AQA’s strategy to lead digital change in examinations.
The team also successfully advised on a number of private equity-backed deals, including the partial exit and investment in NoBlue Limited by FPE Capital LLP and the investment by Arete Capital Partners into the Miles Better Heat Group, as well as several high-value management buy-outs and finance / re-finance transactions.
The Myerson Corporate Team has continued to record double-digit revenue growth this financial year, mirroring the firm's overall growth. Despite prevailing headwinds in the UK economy, the firm has again delivered impressive growth.
M Akeel Latif, head of the Myerson Corporate Team said:
"It has been another great year for the Team and the Firm. Notwithstanding the challenges in the economy and further afield, our clients have fared well, and we have all enjoyed working on some really interesting and varied transactions. What we have seen is a marked increase in cross-border transactions, with overseas buyers looking at further opportunities in the UK."
The Myerson Corporate Team is looking forward to continued success during the 2023/2024 financial year.