Harper Macleod’s corporate dealmakers record £50m lockdown surge

21/04/2020
Paula Skinner

SCOTTISH law firm Harper Macleod is on course to have completed more than 30 deals worth more than £50 million during the lockdown period.

Since the UK’s lockdown began, the firm’s corporate team has completed 12 deals remotely, with around 20 more due to complete before the end of April.

Among those, Harper Macleod advised lead investor Par Equity – the Edinburgh based venture capital firm – on the recent deal with saw Aberdeen subsea clean energy specialists EC-OG receive £1.6m from an investment consortium.

Paula Skinner, Harper Macleod partner, said: “The Par Equity deal is just one of series of significant deals our team has managed to get over the line for clients despite the current situation.

“The lockdown has actually coincided with one of the busiest periods we’ve had in recent years, and we have some even larger transactions set to complete over the next few weeks.

“It’s encouraging that we’ve seen quite a lot of investments, some of them completely new ones and some further rounds of investment.”

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