Sale of Medical Device Usability
PEMCF acted as lead adviser on the sale of Medical Device Usability Limited to UL, an international safety science leader.
PEM Corporate Finance has extensive experience of advising knowledge-led businesses in the Professional and Business Services sector. Please get in touch for an informal and confidential chat about your plans.
The Professional and Business Services sector in the UK is comprised of hundreds of thousands of businesses, operating in areas such as legal services, accountancy, marketing, management consultancy, architecture, and recruitment. Knowledge-led businesses, 99% of which are SMEs, are focused on supporting other businesses (B2B) by utilising their skilled workforce to deliver a tradable service, advise on regulatory matters, or introduce innovative solutions.
The number of ‘knowledge’ deals completed in Europe has increased by 7%. This has been driven by large amounts of available capital and a lack of “consulting talent”. However, the UK has been particularly strong seeing the number of transactions increase by 20%. Cross-border activity has also remained a significant part of M&A; in Europe, over 30% of deals are cross-border.
At PEM Corporate Finance, we have done numerous deals involving consulting firms or "people businesses" in industry segments such as the sale of ATP to RSK Group, the management buyout at CPL, the sale of Pope Woodhead to Huron, the sale of MDU to UL, and the management buyout at Bailey Fisher Executive Search. This experience has helped inform our greater understanding of these types of business i.e. the trends, challenges faced, and multiples paid in the market they operate in. Below, are some of the Professional & Business Services deals we have advised: