Capital law firm reveals bumper year for deals

Shepherd and Wedderburn’s corporate finance team has reported a bumper year of deal activity after the total value of transactions it was involved in more than doubled.
Shepherd and Wedderburn's corporate finance team leader Stephen Trombala. Picture: ContributedShepherd and Wedderburn's corporate finance team leader Stephen Trombala. Picture: Contributed
Shepherd and Wedderburn's corporate finance team leader Stephen Trombala. Picture: Contributed

The Edinburgh-headquartered legal firm advised on 114 deals with a combined value of £8.65 billion in the 12 months to December, representing a 106 per cent rise from the previous year.

The firm also reported significant activity in the technology sector, while fintech deals alone totalled in excess of £650 million.

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Notable deals included advisory services to tech unicorn FanDuel during its sale to betting giant Paddy Power Betfair, as well as advising investment wrap platform Nucleus Financial Group regarding its £140m initial public offering.

Corporate finance team leader Stephen Trombala said: “Activity was led by overseas investors and corporates looking to Scotland and the wider UK market for good quality acquisitions and investment opportunities, notably in the tech/fintech space, which remains particularly buoyant.”