More East Mids firm set to acquire, says PKF Cooper Parry

More firms in Nottingham, Leicester and Derby will be investing in acquisitions over the next 12 months and focusing on growth, says new research by leading business advisory and accountancy firm PKF Cooper Parry.

At a PKF Cooper Parry seminar which brought together more than 80 East Midlands’ financial directors, the firm collated survey results from attendees which questioned them on growth, investment, incentivising and recruiting staff and confidence in the market. Corporate finance partner at Cooper Parry Andy Parker said the survey results were particularly interesting in regards to the responses about plans for acquisitions. He said: “A fifth of the attendees at the seminar who answered our questionnaire indicated that they are considering investing in an acquisition. “This is a sign of renewed confidence in the market. Committing funds to making an acquisition is a strong statement of desire and intention to maximise growth. Acquisitions are inherently risky, but the confidence seen in this survey suggests that people are prepared to balance those risks against the rewards of realising even stronger growth. “It also shows that East Midlands companies are just as positive as firms elsewhere in the UK – be that London or the South East – in looking to expand quickly.”