There was much speculation about what last month’s Budget would bring, leading to a rush of market activity to get SME M&A transactions over the line beforehand. While we have all now had a chance to digest the Chancellor’s statement, you may want to refer to the article on our (new) website which covers the significant points.

Meanwhile, we continue to be very busy at Primary both in delivering for our clients and in developing the business behind the scenes. We’re pleased to announce that Clare Thomsen has joined the team. Clare brings with her a wealth of experience and will assist the business and our clients with support and administrative processes. In the last few days we have also launched our new Primary branding and website. This will evolve over the coming months but we’re delighted that it’s now available. We plan to continue to add news and useful content on a rolling basis.

October saw us deliver funding of £2.0m for the acquisition of a specialist company in the South West, plus over £1.0m of asset finance across several SME clients. Although we continue to win new mandates, if you have a client who you think could benefit from our services, please don’t hesitate to contact us.