25 Feb 2019
Shepherd and Wedderburn’s corporate finance team has reported a bumper year for deals activity, with the value of transactions more than doubling to £8.65 billion.
The team advised on 114 deals globally in the year to December 2018, up from 98 deals in 2017, boosted by a number of notable technology-led transactions, including advising Scotland’s first tech unicorn FanDuel on its sale to Paddy Power Betfair.
The firm also advised on financial technology (fintech) deals with an aggregate value in excess of £650 million, including:
Other notable tech deals on which Shepherd and Wedderburn’s corporate finance team, which is top ranked in the independent legal directories, acted last year include:
Corporate deals activity spanned a broad range of sectors in 2018, including media and technology, fintech, insurtech, energy and natural resources, food and drink, hospitality and leisure, life sciences, healthcare, manufacturing and engineering.
Other notable deals completed in 2018 included advising:
Commenting on 2018 corporate deals, Stephen Trombala, who leads Shepherd and Wedderburn’s corporate finance team, said: “Our team had another very busy year, working on some of the largest and most notable transactions of 2018.
“Activity was led by overseas investors and corporates looking to Scotland and the wider UK market for good quality acquisitions and investment opportunities, notably in the tech/fintech space, which remains particularly buoyant.”