10 Sep 2015
Bristol-based Momentum Corporate Finance has now advised on more than £1bn worth of deals, an average of about £100m of deals per year, since its foundation in 2005.

Partner Rob Crews told Insider that the positive trend was set to continue with the deal market in the South West in a strong position.

"We think that the future looks well set for deals over the next 18 months, particularly management buyouts, and our pipeline reflects this" he said.

"The South West’s economy is doing well and there is strong demand for investment opportunities for both equity and debt capital.

"Assuming the doubts about China's debt levels do not turn into a full blown global crisis, then this adds up to a good environment for transactions here in the UK and the South West."

The region has been critical to the firm's success, since it launched in Bristol ten years ago.

Crews said: "We have been fortunate in that the South West is a great place to do business. It has a complete deal community, including private equity, banks, lawyers and indeed other financial advisors.

"It also has a great mix of industry sectors. It's not just the traditional agriculture and tourism industries, other are strong as well, for example digital and aerospace."

In the deal that took the Momentum passed the mark, it advised the shareholders of Nuneaton-based Peter Savage on its sale to EJ Group.

"The key to our success is that we always provide senior resource on our transactions and try to provide the best long term advice," Crews said.

"This has stood us and our clients in good stead, even through the global financial crisis of 2008.

"While our clients have mainly been South West-based, the buying companies have largely been foreign investors as well as much larger companies."

"To all the professionals and counter parties we have worked with over the last ten years we would like to say a very big thank you."

Over the last few years he picked out the secondary buy out of CableCom Networking, supported by Inflexion Private Equity, and the management buyout of Aero Stanrew as highlights.

"Both of these businesses have gone from strength to strength since their transactions," he said.

Crews won Insider's Dealmaker of the Year award in 2012, succeeding colleague Tony Kenny. Momentum also won the Corporate Finance Advisory Team of the Year title in both 2011 and 2012.


Please click here for a link to the Insider news article.