Business and Professional Services

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Business and Professional Services 2017-09-27T11:11:10+00:00

Business and Professional Services

The UK Business Services sector is the worldwide leader on the market and one of the sectors observing the strongest growth in the past few years (almost 10% of the country’s output). The Business services sector is continuously expanding, and now covers activities such as professional services, IT and digital activities, facilities management and public services. Key trends in the market are:

  • The Business Services sector is one of the key actors in the UK economy, employing over 10% of the UK workforce
  • The M&A activity of the Business Services sector has been flourishing in the past year with over 150 deals completed in the South of England including the acquisition of Maidenhead-based office management company Grenfell Island by Legal & General Property, the acquisition of Calvert by Pitmans, and the MBO of John Charcol Associates.
  • One of the main challenges observed by business services providers regards financing options due to typically low levels of collateral in services businesses
  • Within the business services market, the recruitment sub-sector has observed a significant growth recently.

Our corporate finance team has recently advised on significant deals in the Business Services sector in the Thames Valley and the South of England. To learn more about our expertise in this sector, contact us on 01491 579 740.

What our clients say

We are delighted with the merger with Calvert. They are first rate lawyers who compliment the service Pitmans already offers. We were impressed by the help given by HMT in advising us with care, thoroughness, sensitivity and efficiency.”
John Hutchinson, Managing Partner at Pitmans
I would like to thank HMT for their invaluable advice on the sale of Vacancy Management Company to One to One Recruitment, especially for their expertise in finding the right home for my excellent team.  I look forward to working with them again in the future.
Ian Fogg, VMC

 

Our transactions in this sector