Shoosmiths corporate division announces half year success
Law firm Shoosmiths’ corporate division has announced a successful first half year of 2022, advising on more than £2 billion of transactions.
The corporate division’s reputation as dealmakers is highlighted through its increase in high-calibre deal activity, advising on more than150 transactions, despite ongoing global uncertainties. Individual transaction size has also continued to increase, with the firm advising on more deals worth more than £250 million than ever before.
Shoosmiths’ corporate team continues to focus on its sector specific support as it engages with market activity, with particular highlights within the technology and energy and infrastructure markets. Recent digital infrastructure highlights include advising advised Equitix, one of Europe’s leading infrastructure investors, on its £84 million commitment into Freedom Fibre - which is predominantly through the installation of fibre across BT’s existing infrastructure delivering ultra-fast broadband.
Shoosmiths has also led on funding industry leading research within its target sectors, including a joint report with Coadec finding that local authorities hold the key to unlocking the potential of tech ecosystems around the UK.
Ben Turner, head of the Shoosmiths’ corporate transactions, said: “This significant increase in the number of transactions we have advised on for this first half of 2022 demonstrates a buoyant UK market notwithstanding the global economic headwinds. A strong pipeline of transactions and a roster of dynamic, ambitious corporate clients points to activity levels remaining high across our core markets of private equity, M&A and venture capital/growth, a testament to the hard work and expertise of our award winning team.”