Tughans remains top M&A firm in Northern Ireland
Tughans remains Northern Ireland’s most prolific M&A firm according to figures spanning the first three-quarters of the year.
The firm has acted in 42 transactions in the year to date, well ahead of A&L Goodbody and Carson McDowell on 35 each, according to the latest Experian MarketIQ report for the UK and Ireland.
The number of transactions in Northern Ireland has risen by four per cent year-on-year to 183, while the total value has risen dramatically by 206 per cent to £1.3 billion, the most valuable three-quarter period since 2019.
Northern Ireland’s manufacturing sector continues to be the most fertile source of deal activity, with 50 deals — mainly in the small to mid-market bracket — announced so far this year, the report says.
After Tughans, A&L Goodbody and Carson McDowell, the next most prolific firm was Davidson McDonnell Solicitors with 17 transactions, Turley Legal on 14, Mills Selig on 13, Shoosmiths on five, Arthur Cox and MacAllister McAleese tied on four, and CMS on three.