Chartered accountant and business advisor Anderson Anderson and Brown (AAB), of Aberdeen, has topped a list of Scottish “dealmakers” for a 12th consecutive year.
It put rivals firmly in the shade after completing 43 publicly announced transactions during 2016, about half as many again as the next busiest firm.
AAB’s run of success in the Business Insider rankings started in 2005.
Douglas Martin, head of corporate finance at the firm, said: “2016 saw another challenging year for oil & gas services M&A (mergers and acquisitions) activity but we continued to deliver an impressive deal flow, with a strong increase in deals outwith the energy sector.
“This fantastic milestone is testament to the tremendous continued support of our clients and contacts, and to the hard work and dedication of our exceptionally talented team.”
On current transaction activity, he said: “Our deals pipeline remains very healthy, with some great transactions being worked on by the team.
“M&A activity in the oil and gas services sector continues to show gradual signs of recovery which is encouraging.
“We remain positive about our prospects for the rest of the year, given our superb market 30position, and look forward to bringing more deals to fruition during the remainder of 2017.”
AAB’s 2016 deals included the sale of Ellon-based Sengs Subsea Engineering Solutions to Pryme Group, of Dundee, and the acquisition of Livingston electronics company Optocap Holdings by Germany’s TUV Nord Group.
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