PricewaterhouseCoopers Corporate Finance has been named Mid-Market Adviser of the Year for the second time in three years at the annual Acquisitions Monthly Awards.
The team also won the award for Mid-Market Deal of the Year for advising on the acquisition of mail and parcel providers DX Services and Secure Mail Services by Candover Partners. It involved the acquisition simultaneously of a public company and a private business by a private equity house, and it was seen as distinctive for its innovative structure and in the synergies created.
The judging panel said the awards recognised a particularly strong team performance over the last year. PricewaterhouseCoopers corporate finance team has advised on many high-profile deals in addition to DX Services, including Vue Entertainment, TTT Moneycorp, Wyevale Garden Centres, Farrow & Ball and Hardys & Hansons.
PricewaterhouseCoopers Corporate Finance advised on four of the five mid-market deals shortlisted for the Mid-Market Deal of the Year, and two of the five shortlisted for Private Equity Exit of the Year.
Neil Sutton, Head of Corporate Finance at PricewaterhouseCoopers, said:
“We are delighted to have received both awards, this is an outstanding achievement. It reflects the strengths of our corporate finance business and also our industry knowledge. We look forward to another good year as the appetite for M&A continues.”
1. About PricewaterhouseCoopers Corporate Finance
The Corporate Finance teams within the member firms of PricewaterhouseCoopers International Limited have more than 800 corporate finance specialists in more than 60 offices in key centres throughout the world.
In 2006, PricewaterhouseCoopers International Limited advised on over 350 M&A deals globally, valued at over $43 billion. Services include advice on acquisitions, disposals, private equity transactions, privatisation, corporate and project finance. Industry teams include Energy and Utilities, Business Services, Consumer Products, Financial Services, Industrial Products, Pharmaceutical & Healthcare and Technology, Media and Telecoms.
According to Thomson Financial, PricewaterhouseCoopers is the UK’s leading M&A adviser for transactions between $50m and $500m, having advised on a higher volume and value of mid-market deals than any other adviser in the UK between 2002 and 2006.
2. The member firms of the PricewaterhouseCoopers network provide industry focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 140,000 people in 149 countries across our network work collaboratively using connected thinking to develop fresh perspectives and practical advice.
Unless otherwise indicated, PricewaterhouseCoopers refers to PricewaterhouseCoopers (www.pwc.com/ie) a limited liability partnership incorporated in England. PricewaterhouseCoopers is a member firm of PricewaterhouseCoopers International Limited.
3. The member firms of the PricewaterhouseCoopers network (www.pwc.com/ie) provide industry focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 140,000 people in 149 countries across our network work collaboratively using connected thinking to develop fresh perspectives and practical advice.
"PricewaterhouseCoopers" refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
