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10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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2019/20 financials: Brodies posts tenth year of revenue growth

Brodies has recorded its tenth consecutive year of growth, with a 7 per cent revenue increase. Over 2019/20, the firm’s revenue rose from £76.9m to £82m while profits before partner distributions were £38.5m, up from £37.4m the previous year (3 per cent growth). Cash balances also increased from £21m to £25m. Average profit per equity […]

Judge dismisses “inappropriate” challenge over $2.2bn mining award

A High Court judge, giving his verdict in the latest spat between mining company Vale and BSG Resources, has criticised litigants and their advisers for adopting a “needlessly antagonistic” stance in disputes. Master Davison made the comments after dismissing an application made by former BSG director Dag Lars Cramer against a Part 71 Order requested […]

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Macfarlanes records record turnover and big profits increase

Macfarlanes has posted double digit growth for profit per equity partner (PEP) over 2019/20, with revenue also rising by 9.5 per cent. The City firm’s PEP grew 10 per cent to £1.91m, the highest PEP figure of any UK firm to report this year so far. The double-digit increase puts Macfarlanes’ PEP above all the […]

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