Tughans LLP has topped the Experian MarketIQ M&A review for an impressive eighth year in a row in the North.

The Belfast firm advised on 79 deals during 2022, 40% more deals than the firm in second place, and an increase on 2021. Overall deal value exceeded £1 billion. 

On a quarterly basis, Tughans has been ranked by Experian as the top performing firm in the jurisdiction in terms of deal volume, in 25 of the past 29 quarters. 

Deals included acting for Uform on a significant investment by Cardinal Capital, acting for the Business Growth Fund on its investments in the Mzuri Group and Clarke Group, acting on the sale of Blue Zinc IT to ClearCourse, and acting on the sale of Renewable Energy Devices Ltd to Octopus Energy.

Head of corporate James Donnelly said it was a fantastic achievement.

“It has been another incredibly busy year for M&A and investment activity and we are grateful for being engaged in so many interesting transactions. The Experian rankings are really a testament to the continued dedication and ambitions of our clients,” he said.

Nominated

Corporate partner Paul O’Brien was also nominated for the Insider Media ‘Dealmaker of The Year’ award, and corporate director Ben Sims was nominated for ‘Emerging Dealmaker of The Year’.

Tughans’ managing partner Patrick Brown (pictured) said that to be the most active advisor in the North for the eighth consecutive year reflects the talent in the firm’s transactional teams.

“This result comes as we enter a hugely exciting time for our firm, as we move our headquarters to The Ewart on Bedford Square, which will support both our continued growth and development of our culture of intelligence, collaboration, and innovation,” he said.