Simmons & Co in Aberdeen have completed four deals in the first quarter of 2012 with a total deal value of £340million.
The leading corporate finance advisers to the energy sector are also reporting one of the strongest pipeline of deals in its history in the UK.
Simmons & Co’s forecast for a high level of M&A activity in 2011 proved accurate as the Aberdeen office reported completing 22 deals worth almost $1billion last year. Globally the firm completed 46 M&A transactions and 16 equity and debt offerings.
Nick Dalgarno, managing director at Simmons said: “With continued high oil prices and increased global activity, we are seeing a very high level of deals with a real mixture of players in the market. Following a strong first quarter, we have several deals nearing completion and more on the horizon, all of which paint an exciting picture of a very buoyant market.”