On September 8 the Office for National Statistics (ONS) released data showing an increase in businesses bought and sold across the UK between April and June despite concerns over a slowdown in the economy.
Reacting to the latest data, Corporate Partner at Knights, Adam Dowdney, said interest in buying and selling local businesses in Reading remains strong and concerns about the economy are having no impact on the saleability of the region's best-performing businesses.
Adam, based out of Knights’ Reading office at The Blade, added that there has been a noticeable increase in M&A activity in Reading in recent months.
Adam Dowdney, Partner at Knights, said:
"There are lots of deals happening, or in the pipeline, here in Reading and the wider Thames Valley.
“It's not a surprise to see the latest ONS data show a nationwide increase over the last quarter - and we're anticipating that healthy trend to continue here in the Thames Valley region for the rest of the year and into 2025."