Corporate Deals and Transactions Report

The last 12 months has been a challenging, yet interesting, period for the UK corporate market. With everchanging macroeconomic factors contributing to reduced activity across the capital markets and weaker company valuations, this report by Criticaleye Partner DWF explores the key trends that have emerged across the transactions it has worked on during the last year.

Key takeaways include:

• More than 60 percent of DWF’s transactions had a cross-border element, reflecting how the UK remains an attractive market for investment
• 2023/24 saw a pause to the era of competitively priced borrowing and covenant-light acquisition financing terms
• DWF expects ESG to be an increasingly important factor in UK M&A for the medium term