JOHNSTON Carmichael has seen the value of the deals it has worked on rise from pound(s)208 million to pound(s)335 million. The accountancy firm, the largest independent in
Although it had completed 40 deals in the previous 12 months they were generally of lower value.
Among the agreements Johnston Carmichael worked on in the most recent year were due diligence for the
It also worked on the sale of oil and gas business
"While we began to see an increase in activity in the previous year, the market has really picked up in the last 12 months."
He said: "It's also clear from the discussions we are having with clients that there is a growing appetite among companies looking to expand and diversify through acquisitions."
Separately, the firm has promoted
Led by chief executive
The firm made pound(s)10.57m profit before partners' remuneration in the year, up from pound(s)9.87m in the previous period.
Announcing the results, in December,
He said it was in the market for more such deals.
Dealmakers at the big four accountancy firms in
They said Scottish firms in sectors like oil and gas, food and drink and life sciences could attract bid interest.
Among private equity investors, the Pirrie brothers'
JOHNSTON Carmichael has seen the value of the deals it has worked on rise from pound(s)208 million to pound(s)335 million.
The accountancy firm, the largest independent in