Dow Schofield Watts expands Leeds team

Dow Schofield Watts expands Leeds team Advisory firm Dow Schofield Watts has expanded its transaction service team in Leeds with the appointment of Chris Brownlee. Chris joins from PWC, where he qualified as a Chartered Accountant and spent four years in the audit department working with clients including ‘Magic Circle’ law firms, major construction companies … Continued

Former Chancellor predicts ‘growth bounce’ as UK exits lockdown

Former Chancellor predicts ‘growth bounce’ as UK exits lockdown With the UK economy exiting from lockdown, Dow Schofield Watts clients were given an insight into its future prospects in a private briefing with the former Chancellor, Lord Philip Hammond. During the online event, which was hosted by DSW and organised by OakNorth Bank, Lord Hammond … Continued

Women in accountancy: Interview with Jill Jones

Women in accountancy: Interview with Jill Jones Jill Jones is the former North West Regional Managing Partner of RSM where she was also a main board director and acting COO until her departure in June 2020. She is now a Non-Executive Director at Dow Schofield Watts and a number of other organisations. Here she talks … Continued

International Women’s Day 2021

International Women’s Day 2021 On this International Women’s Day some of our female team members would like to share their experiences of lockdown, the challenge’s of work colliding with life, and how they’re coping in this new set of circumstances! We are proud that our team feels empowered to challenge the status quo when it … Continued

ControlPoint acquired by Ovarro

ControlPoint acquired by Ovarro The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised the shareholders of ControlPoint on its sale to Ovarro ControlPoint is based in Chesterfield and serves the utility sector with digital quality assurance and data management solutions. Its technology is used on gas and water pipelines around the World. ControlPoint’s system involves … Continued

ControlPoint acquired by Ovarro

ControlPoint acquired by Ovarro The Yorkshire & North East Corporate Finance team of Dow Schofield Watts has advised the shareholders of ControlPoint on its sale to Ovarro ControlPoint is based in Chesterfield and serves the utility sector with digital quality assurance and data management solutions. Its technology is used on gas and water pipelines around the World. ControlPoint’s system involves … Continued

BGF investment for building plastics supplier

BGF investment for building plastics supplier Dow Schofield Watts has provided Corporate Finance advice to Northern Building Plastics on its investment from BGF to support its growth plans. Northern Building Plastics, led by co-founders, Judah Wilson and Richard Lindop, opened its first super depot in Leeds in 2010, followed by a second site in Bolton in May … Continued

BGF investment for building plastics supplier

BGF investment for building plastics supplier Dow Schofield Watts has provided Corporate Finance advice to Northern Building Plastics on its investment from BGF to support its growth plans. Northern Building Plastics, led by co-founders, Judah Wilson and Richard Lindop, opened its first super depot in Leeds in 2010, followed by a second site in Bolton in May … Continued

Busting finance jargon with Roger Esler #5

Busting finance jargon with Roger Esler #5 Valuation bridges, debt, normalised working capital, earn-outs, VLNs, retained interests, conduct provisions and put/call options There’s business valuation and then there’s business valuation. To vendors, valuation often means the final cash consideration, or “equity value” that they actually receive for their share capital in what can be a … Continued

MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank

MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank A management buyout at a data centres specialist has been backed by Manchester-based Tosca Debt Capital and Shawbrook Bank, who provided equity finance and debt funding, respectively. Terms of the deal are undisclosed. Sophie Colloby of Dow Schofield Watts Transaction Services provided due diligence … Continued

MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank

MBO of Keysource backed by Tosca Debt Capital and Shawbrook Bank A management buyout at a data centres specialist has been backed by Manchester-based Tosca Debt Capital and Shawbrook Bank, who provided equity finance and debt funding, respectively. Terms of the deal are undisclosed. Sophie Colloby of Dow Schofield Watts Transaction Services provided due diligence … Continued

Yorkshire and North West teams buck trend with 32% rise in deal values

Yorkshire and North West teams buck trend with 32% rise in deal values Despite the challenges of 2020, Dow Schofield Watts’ Northern offices enjoyed a record year in terms of the value of deals they advised on. The teams in the North West and Yorkshire completed 54 deals with a total value of £1.27bn during … Continued

Busting finance jargon with Roger Esler #4

Busting finance jargon with Roger Esler #4 IBOs, MBOs, LBOs, SBOs, TBOs, MBIs and BIMBOs The decision for business owners to pursue a private equity (or financial buyer) exit route versus a trade sale process is a fundamental one. In Busting Jargon #3, the challenges and risks of mixing two processes together, when each can … Continued

Busting finance jargon with Roger Esler #3

Busting finance jargon with Roger Esler #3 Pre-emptives, limited auctions, wide auctions, twin track, triple track, sales agents, business brokers, spaghetti There are many ways to manage a business sale processes depending on the specific attributes and qualities of a particular business, the nature of its buyer audience and the objectives of its shareholders. It … Continued

Major Feed Company Merges with Manufacture

Major Feed Company Merges with Manufacture Dodson & Horrell has announced a merger with animal feed manufacturer HJ Lea Oakes. Dow Schofield Watts Transaction Services provided financial due diligence on the deal. The venture will bring together the equine, poultry and zoo feed division of Dodson & Horrell Ltd with HJ Lea Oakes from 11 … Continued