As another year comes to a conclusion and the Autumn pre-Budget flurry of deals subsides, there has been a moment to reflect on the progress that has been made in our Corporate team at Greene & Greene.
Working collaboratively with other departments, including Employment and Commercial Property, as well as external accountancy, business brokers and corporate finance firms, the team has been busier than ever in supporting entrepreneurs and businesses to achieve their commercial goals, while adapting to a rapidly evolving financial landscape, resulting in a 20% annual increase in output.
In the weeks leading up to the Autumn Budget, we saw a significant uptick in activity as businesses prepared for potential changes in tax regulations, corporate incentives, and compliance requirements, tailoring advice to help clients maximise opportunities and mitigate risks associated with the anticipated fiscal measures.
During October, the team completed 20 transactions, including the sale of UK estate agency, Miles & Barr Holdings and advising the management team in the buyout of TMJ Interiors. As well as mergers and acquisitions, the team supported several clients throughout the region and beyond with equity investments, group reorganisations, restructurings, and updates to shareholder arrangements to ensure tax-efficient structures and optimal positioning ahead of anticipated legislative changes.
Since the Autumn Budget was announced, our lawyers have continued to work closely with our clients to interpret and respond to the new measures, seeing continued deal flow and a pipeline of transactions targeting completion before the next set of changes in April 2025.
Partner, Mark Daly commented ‘This has been a demanding and dynamic period for our corporate team, with the run-up to the Autumn Budget and its aftermath bringing a surge of activity across all sectors. I’m immensely proud of how our team—and the firm as a whole—has risen to the challenge, adapting quickly to new developments and delivering excellent results for our clients. It’s a privilege to support them during such pivotal times.’
Learn more about the Greene & Greene Corporate team including the arrival of Mark Williams, Partner, on our website.
