Live debate with Grenade founder Alan Barratt and more – ‘entrepreneurs are like Pirates’

Covid-19 | Covid-19 Advice | Covid-19 News | Mergers & Acquisitions | National | Sponsored | Video

Live debate brought to you by Harrison Clark Rickerbys

Watch the mergers and acquisitions panel debate

Many experts are predicting a surge of mergers and acquisitions activity in the coming months; as companies consolidation happens across various sectors and leaders take advantage of available capital to grow their operations.

We assembled a prestigious panel for this discussion:

Richard Wilkey – Partner, Corporate at Harrison Clark Rickerbys
Alan Barratt – Founder and CEO of Grenade
Tim Spooner – Director at KPMG Corporate Finance
Joanna Scott – Principal at Boost & Co
Andrew Scott – CEO of Ascot Group
Myles Hamilton – Director at Shaw & Co

Here’s a breakdown of what we discussed during the debate:
Richard Wilkey: Regarding M&A activity – is there any trends your seeing amongst your clients? And have you seen an increase or decrease in activity? (2:05)
Joanna Scott: BOOST&Co deals with some of the UK’s fastest-growing SMEs – what trends are you seeing in the M&A sector? (4:02)
Myles Hamilton: With Shaw & Co’s advisory expertise, what trends have you seen in M&A amongst your clients and in the sector? (6:26)
Tim Spooner: Is there any trends your seeing amongst your clients and in the sector? And have you seen an increase or decrease in activity? (9:44)
Alan Barratt: Having had your business acquired by major players Lion Capital, can you tell us more about this process and any advice for entrepreneurs who may soon be going through a process like this? (11:43)
Alan Barratt: How did being acquired change the way the business is run? Has it also fulfilled your expectations? (14:38)
Andrew Scott: You have bought another business in the last few months – can you tell us about this and the experience? (16:36)
Andrew Scott: When buying companies are you seeing unrealistic valuations or are business owners understanding it’s tough times? (19:38)
Richard Wilkey: What advice what you give to business leaders looking to buy or sell, in respect to how they can best work with a legal partner? (22:26)
Joanna Scott: In regards to the future, do you see there being an increase in M&A activity? (24:24)
Myles Hamilton: Regarding international suitors for UK businesses – which countries are most active? Is the US still the main acquirer of UK firms? (26:39)
Alan Barratt: For owners looking to exit how important a role does publicity play in building a business worth buying? (30:20)
Andrew Scott: Combined with whispers about Capital Gains tax changes and Entrepreneurs Relief (BADR) is now the time to buy or sell a business? (32:16)
Tim Spooner: Combined with whispers about Capital Gains tax changes and Entrepreneurs Relief (BADR) is now the time to buy or sell a business? (33:47)

Questions from the public

Tim Spooner, Alan Barratt & Andrew Scott: Does anyone think that there could be a danger for current potential acquisitions to be undertaken by people who may not have the best wishes of the acquired business at heart? Especially considering that retirement plans/cash flow concerns could be accelerated in this current climate, forcing quicker deals? (38:36)
Myles Hamilton, Richard Wilkey & Joanna Scott: What do you think the future of M&A for the travel sector? Lots of companies are facing closure after 31/10 and not cash-rich as relying on customers’ deposit? (42:39)
Alan Barratt, Andrew Scott & Tim Spooner: What impact do international developments have on M&A activity in the UK? (47:22)
• Final word from Tim Spooner (53:17)
• Final word from Myles Hamilton (53:48)
• Final word from Joanna Scott (54:30)
• Final word from Alan Barratt (55:39)
• Final word from Andrew Scott (56:12)
• Final word Richard Wilkey (57:03)

A special thanks to Harrison Clark Rickerbys for sponsoring this very special panel debate.

Be sure to subscribe to the Business Leader YouTube channel for more interviews with some of the UK’s leading business figures.

Did you enjoy reading this content?  To get more great content like this subscribe to our magazine

Reader's Comments

Comments related to the current article

Leave a comment

Your email address will not be published. Required fields are marked *