gunnercooke’s growing Corporate team advises on £1.2 billion in deals 

April 21, 2023

Leading International law firm gunnercooke advised on more than £1.2 billion in corporate and banking deals in the past year. 

The firm acted on a number of high-profile cases and deals for clients including, Santander, The Royal Bank of Scotland, Leeds Building Society and Skipton Building Society. 

The Corporate M&A team worked with inTEC Business Technology Limited to help with a string of purchases worth £25m that will help their growth plans. They also advised the Founders of Stagedoor App UK Limited on their sale to a leading theatre ticketing app company, Trafalgar Entertainment. Clients also included a medical technology start up and an engineering business.  

The team saw significant deals taking place in M&A, worth a total of £875 million. gunnercooke has a growing corporate and M&A practice, now with 54 Corporate partners in the UK, supported by 5 German partners and Noreen Weiss in its new New York office. Revenue from corporate work increased by 20% YOY.  

The Banking & Finance team advised on a £50m refinancing matter for Stafford Capital Partners and advised Greater Manchester Combined Authority in relation to the provision of loan facilities to help develop Citylabs, which is a cluster of medtech, digital health and diagnostic buildings within the Manchester University NHS Foundation Trust. Work also included advising Santander UK on refinancing projects and MBM Group Services Limited on its sale of Barclay & Mathieson Limited. 

Corporate Partner Kyri Papantoniou commented: “2022 was a strong year for gunnercooke, and the Corporate team in particular. We welcomed eight new partners to the department and have acted on some of the most interesting deals across a range of sectors including finance, tourism and engineering. It’s been wonderful collaborating with some of our international colleagues in Germany and the US, where we have been busy recruiting some of the best corporate experts to further enhance our offering for clients.”  

Kyri added: “With rising interest rates and continued inflationary pressure, many observers view the outlook in the M&A market as fairly muted. We, however, remain more optimistic as we witness active overseas investors targeting the UK as a weaker currency market and expect to see well-capitalised domestic companies look to deliver their acquisition strategies.”