Dow Schofield Watts moves into ranks of UK top 60

Dow Schofield Watts moves into ranks of UK top 60 Dow Schofield Watts has been ranked in the UK’s top 60 accountancy firms for the first time. The firm has risen by 13 places to reach number 59 in this year’s  Accountancy Age Top 50+50, which recognises the ‘movers and shakers’ of the accountancy world. … Continued

Dow Schofield Watts in running for North West Dealmakers Awards

Dow Schofield Watts in running for North West Dealmakers Awards Dow Schofield Watts has once again received multiple nominations in the annual Insider North West Dealmakers Awards. The firm is in the running for the Mid-Market Corporate Finance Team of the Year, an accolade it has won no fewer than three times in recent years. … Continued

The future of accounting – how the Big 4 shake-up will affect your career

The future of accounting – how the Big 4 shake-up will affect your career Changes to the accounting landscape could open up new horizons for professionals, says Nicole Burstow, a former audit director at Deloitte and now FD at Dow Schofield Watts Amidst the disruption and uncertainty of recent years, the accountancy profession has remained … Continued

Most active dealmaking advisers of H1 2020 announced

Most active dealmaking advisers of H1 2020 announced In the North West, we have kept our number 2 position in the most active dealmaking advisers with 8 deals completed so far. Recent deals include securing £7M in funding for digital wealth platform Smarterly. In Yorkshire, we have moved up to number 8 in the ranking … Continued

Top banker joins Dow Schofield Watts to launch new service

Top banker joins Dow Schofield Watts to launch new service  One of the North’s best known bankers has joined Dow Schofield Watts to launch a debt advisory arm.  Phil Tarimo will lead the new service, DSW Debt Advisory, which is aimed at medium-sized companies seeking debt funding of £20m or above. It will initially operate from the firm’s Northern offices but the aim is to roll it out nationally.  Phil, who was the North of England Regional Managing Director for … Continued

Dow Schofield Watts invests in Camlee Group

Dow Schofield Watts invests in Camlee Group Dow Schofield Watts has made a strategic investment in Camlee Group, the Manchester-based corporate finance boutique which is a leading provider of business sales advice to SMEs.  The deal was supported by a seven-figure debt facility from OakNorth Bank.  Camlee will continue to service the SME market under its existing brand, while co-operating closely with Dow Schofield Watts, which focuses on mid-market deals and is one of … Continued

Dow Schofield Watts ranked amongst top 75 accountancy firms

Dow Schofield Watts has been ranked in the UK’s top 75 accountancy firms for the second year running – highlighting its growing profile within the industry. The Accountancy Age Top 50+50 recognises the ‘movers and shakers’ of the accountancy world. Dow Schofield Watts is listed as number 72 in the 2019 tables, up from 73 … Continued

£220m Proseal sale named International Deal of Year at Dealmakers Awards

The £220m sale of Proseal, on which Dow Schofield Watts advised, has been named International Deal of the Year at Insider’s 2019 North West Dealmakers Awards. The Cheshire-based food packaging specialist was acquired by Chicago-based JBT Corporation in May in a deal that was one of the biggest in the North West during the year. … Continued

Business Women’s Week

To celebrate Business Women’s Week we’ve asked our Dow Schofield Watts partners and managers to share some valuable advice and insights into their career journeys in the accountancy industry. Catriona Lang Partner – Transaction Services North West What do you feel are your biggest achievements?  Setting up a Transaction Services business from scratch with my good … Continued

Record 10 nominations for DSW in Yorkshire Dealmakers Awards!

The Dow Schofield Watts team in Yorkshire & the North East has received no fewer than 10 nominations in this year’s Yorkshire Dealmakers Awards – the highest number in the firm’s history. Roger Esler and his team are in the running for Corporate Finance Advisory Team of the Year while Roger himself has been shortlisted … Continued

Dow Schofield Watts Boosts Top Team as it Targets National Growth 

Dow Schofield Watts boosts top team as it targets national growth  Dow Schofield Watts has made two strategic appointments to strengthen its management team as it prepares to roll out its brand in key cities across the UK.  Richard Evans joins as the group’s Operations Director, having previously been COO of the London investment bank Strand Hanson, while Nicole Burstow joins from Deloitte to become the group’s Finance Director.  Their arrival comes as Dow Schofield Watts plans to continue … Continued

Conquering M&A – Earn-outs

Earn-outs An earn-out is deferred consideration dependent upon the future performance of the business being acquired. The principal purpose is to bridge the price expectation gap between the buyer who will pay a price on past profits and the seller who expects a price based on the future potential of the business. The difficulty for … Continued

Conquering M&A – Competition – UK Legislation

Competition – UK Legislation The Competition and Markets Authority (“CMA”) may initiate an investigation of a takeover if there is a merger situation qualifying for investigation (other than if covered by the European Commission). The CMA must initiate if it believes a relevant merger has been created which might be expected to result in a … Continued

Conquering M&A – Completion Accounts – Checklist

Completion Accounts – Checklist Aide Mémoire This can only be an aid to guide the reviewer of a contract towards those areas of an acquisition contract which are of accounting significance and which might be sources of dispute in the future. At all stages you should be asking the questions: Is it clear? Is it … Continued