AAB Top Dealmakers in Scotland for 10th Consecutive Year

AAB, Aberdeen’s largest independent firm of Chartered Accountants, has been named as the top dealmakers in Scotland in 2014 for the 10th consecutive year, after being recognised by the Scottish Business Insider as the accountants having completed and initiated the most deals in Scotland each year from 2005 – 2014.

The Scottish Business Insider’s review of the Scottish deals market reveals that AAB completed 42 transactions in 2014, 90% more than any other accountancy firm in the same period, and initiated a third (14) of those deals. Transactions completed by AAB in the period included the disposals of VerdErg Connectors to First Reserve backed AF Global Corporation, S & D Fabricators to Global Energy Group and RS Occupational Health to Riverside backed DISA Global Services; and the investments in Fathom Systems by Maven Capital Partners, Task Fronterra by Business Growth Fund (“BGF”) and Rigmar by First Reserve Momentum involving the acquisition of Interocean Marine Services.

Douglas Martin, Corporate Finance Partner, said “It is hugely rewarding to achieve this fantastic milestone for the 10th successive year – reflecting as it does on the efforts and successes of an experienced and committed team of individuals. Each year offers up different challenges and through their exceptional talent and expertise our team continue to rise to the occasion and deliver results time and time again.”

Looking ahead, Martin commented “We are delighted with our transaction successes during 2014 and our current deals pipeline remains very healthy. The current oil price obviously brings some challenges but also presents good opportunities to buy quality assets at a sensible price for those who look beyond the short term outlook. We remain positive about our prospects in the year ahead given our superb market position and look forward to bringing many more deals to fruition during the remainder of 2015.”