Manchester advisors steer the city into calmer waters

The latest quarterly report from Manchester Loves Deals in partnership with pro·manchester indicates a less erratic deal flow and a positive u-turn following quarter on quarter decline.

Headlines include a dramatic 67% increase in the number of deals in the mid-market sector, suggesting a correction in terms of vendors’ price expectations. This quarter also sees the return of big deals, namely the private equity backed acquisition of Vikings Moorings Ltd.

Manufacturing saw the most deal activity, accounting for 64% of the total volume. An important factor of the latest quarterly stats is the return of confidence in the lower end of the market. It is hoped this translates into each market segment to continue to bolster activity and take us into 2010 in a more robust market position.

To read the full report click here