27/04/2021 - News
Clearwater International continues to rank in the top 10 European financial advisors in Q1 2021
The first quarter of 2021 saw Clearwater International complete 38 M&A and debt advisory transactions worth €1.82bn across Europe, placing Clearwater International in 8th place in the Refinitiv European Financial Advisors league tables.
Clearwater International completed 38 M&A and debt advisory transactions worth €1.82bn completed across Europe
The TMT, business services, consumer, and industrials & chemicals sector teams all experienced a particularly busy three months. Highlights from this quarter include: the UK team advising Infinity Works, one of the UK’s leading digital transformation consultants, on its sale to global professional service company Accenture, marking an exit for investors Growth Capital Partners; the Danish team advising Sinful, a Scandinavian market-leading e-commerce business within adult toys and related products, on its sale to private equity (PE) firm Polaris; and the UK team advising LDC and management on the sale of specialist manufacturer ChargePoint Technology to US PE firm Arcline Investment Management. The deal marks an exit for LDC following a successful four-year partnership.
shortlisted as both the European and UK Corporate Finance House of the Year at the Private Equity Awards 2021
We saw continued high levels of interest from PE at the start of the year, with 68% of Q1 transactions involving 16 PE funds across Europe. Clearwater worked directly with seven PE funds during Q1 2021 to create investment opportunities and successful exits.
Clearwater International have recently been shortlisted as both the European and UK Corporate Finance House of the Year at the Private Equity Awards 2021, which recognises the achievement of corporate financiers who have advised on continental European deals over the last 12 months.
Clearwater International has made 10 senior promotions and new hires across Europe in Q1, including five new hires across the Partner and Director group and five promotions into senior roles.
Michael Reeves, CEO, Clearwater International commented:
"We are delighted to have started 2021 in such a strong position with only one independent corporate finance firm ahead of us in the tables, I am extremely proud of the growing team at Clearwater. Our work with the private equity community continues to go from strength to strength and our recent award shortlist is testament to that work across Europe. The M&A market was up 16% across Europe which has been reflected in this busy period, and our pipeline would indicate that high level of activity it set to continue throughout 2021.”
Advisers to Infinity Works on its sale to AccentureView more
Adviser to Sinful on its sale to PolarisView more
Adviser to LDC and management on the sale of ChargePoint Technology to ArclineView more