Given we are transiting through an unprecedented period of political and economic uncertainty, the UK's deal market has proved pleasingly robust.
We have observed a more cautious market. Privately held businesses have been looking to grow by acquisition. It does seem probable that there will be some reduction in deal flow in the short-term as companies take stock.
North West deal volumes reached their highest level for eight years during the first-half of 2016, with private equity heavyweight Apax Partners’ partial exit from Auto Trader the largest transaction of the period, a new report which also details the most active advisers has revealed.