Creating deal value

There are signs that deal activity within the UK financial services sector is beginning to pick up once again. There are a number of drivers for buyers, including looking to acquisition to improve profitability and market position, as well as an opportunity to diversify their earnings and geographical footprint. Regulatory developments including Solvency II could also provide a catalyst for further consolidation. In turn, the disposal of non-core assets and required divestment within some government-supported groups will increase the availability of targets. However, amid continuing funding constraints and market uncertainty, robust due diligence and clear strategic rationale will be critical in assessing deal value and winning support from wary investors.

Through a comprehensive suite of services that spans strategy, corporate finance and commercial, financial and operational due diligence, through to deal structuring and post-merger integration, PricewaterhouseCoopers can help to ensure firms realise the full value of acquisitions and divestments. With funding at a premium, our approach enables clients to identify deal drivers/breakers before they commit significant resources. The breadth of our financial services deals team also means that we cover a virtually unrivalled spectrum of niche and mainstream market segments and international territories.