Having advised on £1.5bn of deals in Q1, Addleshaw Goddard's market-leading Manchester Corporate team has continued to be extremely busy in the second quarter of 2017, having advised on 18 transactions at a total value of over £677m, including five deals in three days in early August.


The deals on which the team advised included:

  • B&M on its £152m acquisition of Heron Foods
  • Phoenix Private Equity on its £208m sale of Key Retirement Group
  • iconic comic writer Mark Millar on the sale of his business to Netflix, which was Netflix's first ever acquisition globally
  • Foresight on its investment into Indian street food business Mowgli Street Food
  • Investment banks Zeus Capital and Jefferies International on their £130m accelerated bookbuild fundraising for online fashion retailer boohoo.com and its shareholders
  • AIM-listed Premaitha Health plc, a leading international molecular diagnostics group, on the $5m extension of its investment agreement with Thermo Fisher Scientific 
  • Endless on the buyout of luggage business Antler from private equity house LDC
  • LDC on its £24.7m exit from The Creative Engagement Group

The team was named 'Legal Team of the Year' for the third consecutive year at the NW Rainmaker Awards 2017. It was also acknowledged for its lead role on the IPO of Accrol, which won 'Public Markets Deal of the Year' at the same awards ceremony.

Roger Hart, Partner at Addleshaw Goddard, said: "We've had a very busy first half of 2017, which is especially pleasing given some of the economic and political issues which have impacted levels of M&A activity recently. We've worked hard across both private equity and mainstream M&A, with only ECM activity continuing to be relatively subdued, although we've seen that change in the last few weeks with several IPOs and fundraisings coming on stream. Our pipeline across the board is fantastic."