Press release -

PKF SMITH COOPER’S CORPORATE FINANCE DIVISION CELEBRATE THEIR ‘DEAL OF THE YEAR (UNDER £10M)’ WIN AT INSIDER’S 2021 EAST MIDLANDS DEALMAKERS AWARDS

On Wednesday 29th September, Nottingham’s Belfry hosted the renowned Dealmakers Awards ceremony, where a host of companies located in the East Midlands celebrated their dealmaking achievements throughout the past year. The event was compered by Mark Durden-Smith and sponsored by Fairstone Group, HSBC UK, Shawbrook Bank, and ThinCats.


PKF Smith Cooper’s Corporate Finance division had more than one reason to celebrate, not only winning the ‘Deal of the Year (under £10m)’ award, but also being shortlisted for three other awards that took place over the course of the evening.

The Deal of the Year award recognised David Crump’s and John Farnsworth’s work in steering Fabrikat – the Sutton-in-Ashfield-based manufacturer of lighting columns and guardrails with a £12m turnover – through their fourth MBO. Described as an ‘unusual deal’, it was backed by royalty financier, Duke Royalty, which elected to take on a minority stake in the business.

David Crump, Corporate Finance Director at PKF Smith Cooper, comments: “We are delighted to have been recognised for our involvement in the deal. Fabrikat has become the leading independent designer and fabricator of lighting columns in the UK, and we are happy to have facilitated the transfer of ownership to the talented senior management team in order to retain that independent status. The Duke proposal emerged as the best deal for the sellers and the management team alike, and is the second deal we have structured that involves the innovative royalty-style funding offered by Duke”.

Up-and-coming Corporate Finance Assistant Manager, Tom Joy, was shortlisted for the ‘Emerging Dealmaker of the Year’ award, whilst the entire Corporate Finance team was shortlisted for the ‘Advisory Team of the Year’ and ‘Deal of the Year (above £10m)’ awards. This demonstrates PKF Smith Cooper’s success and impact across the board, in what has been a difficult year for many suffering the economic fallout of the pandemic.

Find out more about some of the deals from PKF Smith Cooper’s Corporate Finance Division in their most recent Deal Dispatch.

Notes to Editors

An ambitious business and multi award-winning firm, we are the home of PKF in the Midlands. The region’s leading firm of trusted accountants and business advisors, we operate across key geographies in Derby, Nottingham, Birmingham, and Ashbourne.

Through our membership of PKF International, the large network of legally independent accounting firms and 11th largest network here in the UK, we are at the forefront of compliance regulations and specialise in providing high quality solutions.

Working in unison with PKF member firms across the world, we blend local expertise and extensive territorial knowledge to provide a full range of audit, accountancy, tax, and advisory services in line with the expectations and needs of the market.

For press queries, get in touch with jessica.gibson@pkfsmithcooper.com or call 0115 945 4300.

Topics

  • Media, Communication

Categories

  • derby
  • awards
  • corporate finance
  • east midlands
  • nottingham
  • mbo

Regions

  • England

PKF Smith Cooper is one of the largest independently owned and preferred accountancy and business advisory firms for owner managed businesses across the Midlands. The firm specialises in providing intelligent, efficient and cost-effective bespoke advisory services to both corporate and individual clients. Smith Cooper has six offices across the Midlands including Derby, Birmingham and Nottingham.

Contacts

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