Review of the M&A funding market in the North West – Views from a cross-section of local funders
Our panel of local funders will each give their views on the state of the M&A funding market in the North West.
The pandemic: It’s said that the M&A funding market has been surprisingly resilient. Has adequate funding been available during the pandemic? Have companies been reluctant to raise funding for growth and acquisitions? What’s it been like transacting via Zoom/Teams? What are the prospects for recovery during the rest of this year? What will the ‘new normal’ look like for the funding market and the deal process?
We’ll explore whether supply & demand for M&A funding in the North West are, in the panel’s view in balance. Do the panel feel that the range of available funding fits the specific needs of the market in the north west?
Who are the new entrants to the north west market during the last 12 months? Are there still gaps?
We’ll review the panel’s predications at the previous event (Oct 2019), and ask them for their predictions for the next 12 months.
How does the panel feel the legacy of Brexit will affect the funding market, if at all?
Questions from the audience are invited in advance and on the day. Please submit these to firstname.lastname@example.org
We expect a lively debate on a subject to which all M&A advisers and funders can relate.
About the Speakers:
Jeremy leads Cole Associates Corporate Finance, one of Manchester’s longest-established corporate finance ‘boutiques’ (www.cole-group.co.uk). Cole Associates advise clients on acquisitions, management buy-outs and buy-ins, company sales and raising finance for growth. Jeremy was previously with PWC, including 3 years in the States.
Paul Ellaby is a Corporate Partner at DAC Beachcroft’s Manchester office. Paul has over two decades’ experience of advising on a broad range of corporate finance matters. He advises companies, their shareholders and directors at every stage of a company’s life-cycle from start up, through growth through investment and acquisition, to succession and flotation. He has also advised on several take privates, and has advised Nomads and private equity funders.
Jonathan joined the Mercia Technologies PLC board after the acquisition of Enterprise Ventures (EV) in 2016. He has led and managed a substantial portfolio of successful private equity and venture capital investments. A significant proportion of this portfolio lies in the less affluent regions of the UK, where success has been achieved not only through the generation of attractive financial returns, but also through the jobs that have been created in growing SMEs, making a sustainable and long-term contribution to the UK economy.
David joined Elysian in 2015 and is based in Manchester. After qualifying as a chartered accountant, David spent 3 years in the corporate finance team of PwC advising on a variety of MBOs, buy and builds and trade sales. He moved to 3i in 1999 and spent 13 years with the business culminating in running the Manchester office. During this time he completed a range of investments from small MBI’s to larger take privates and portfolio acquisitions.
David then joined the Business Growth Fund in 2012 to help establish the business and make midmarket investments across the north.
David has a degree in accounting and finance from Liverpool John Moores University.
Paul joined Caple, a specialist provider of SME debt finance for business growth and transactions, in March 2021 to lead its origination and structuring activity in the North. Paul previously spent over a decade at KPMG in Manchester, mostly within the Corporate Finance team advising on corporate and PE backed deals, followed by 4 years at BGF providing equity funding to North West businesses and supporting with their growth plans.
Steven joined Praetura Commercial Finance as Sales Director in 2019, with a focus on originating and structuring asset based funding solutions for UK businesses. Prior to joining Praetura Steven qualified as a chartered accountant at EY in Manchester, where he spent 13 years in the restructuring & transactions advisory team. During this time Steven advised a variety of stakeholders and holds experience in both solvent and insolvent transactions across a range of sectors. Steven also spent 12 months on secondment to the business support team of a major clearing bank and previously led the R3 New Professionals Network in the North West