Top 50 UK law firm, Birketts, completed more than 75 corporate transactions for their clients, with a total value in excess of £930,000,000, in the run up to the Chancellor of the Exchequer’s first Budget.
Lawyers at the multi-practice firm managed to finalise client acquisitions, sales, demergers, buyouts and other transactions across a range of sectors, including energy, healthcare, food and drink, technology, professional services, insurance, and hospitality and leisure. Instructions were received across all six of the firm’s offices, and lawyers worked across all the offices to deliver a seamless service to clients.
Rafael Ruiz, Partner and Head of the Corporate Team at Birketts, said: “This flurry of activity reflected the desire of business owners to finalise deals in an environment of certainty. Anticipation and uncertainty around this first Budget from the new Government was motivation for many clients to get transactions completed before Budget day.
“Any client, business or individual, irrespective of their sector or location, should be able to rely on their legal team to identify the need to get deals over the line before changes to the tax and corporate landscape kick in, and deliver on that need. The team did a great job to deliver so many transactions for both buyers and sellers, across a range of sectors, in such a short period of time. The positive feedback we have received from clients has shown how notwithstanding the pressure of so many transactions with the same deadline, the Team maintained exceptional levels of client service and attentiveness throughout. It was also a reminder of the breadth and depth of the Corporate Team, and the expertise we have across a range of sectors here at Birketts.”