Geopolitical tensions driving M&A activity

Anderson Anderson & Brown Corporate Finance (AABcf ) is delighted to share with you our Deals+ update for Q1 2022 in conjunction with Energy Voice, highlighting selected energy M&A and Fundraising transactions across the UK

Q1 2022 has certainly been an active quarter for the energy market. The market remained somewhat subdued during the first months of the quarter with there still being doubt surrounding the emergence of the Omicron variant. Continued global geo-political tensions stemming from the unrest in the East rocked markets in early March, causing Brent’s price to spike as high as $127 per barrel amid fears of global shock in the economy and a reduction in supply.

Throughout the quarter we have seen green energy and oil tech being the key subsectors for M&A activity, with firms continuing to adapt their strategic plans and goals in a postpandemic world. We expect M&A activity levels to remain high in these subsectors as the major trade players look to shift their business into more renewable and technology industries.

Our Corporate Finance team was delighted to advise leading subsea rental specialist, Subsea Technology & Rentals Limited (STR), in their investment from US-based private equity firms Baird Capital during the quarter, which will enable STR to continue to grow its fleet and service offering as well as allowing further expansion overseas.

As we head into Q2, 2022, we continue to maintain strong positive momentum with a healthy pipeline of deal opportunities in the sector, and we will continue to invest time and resources with a view of initiating strategically compelling transactions for our clients. As always, should you have any opportunities you would like to discuss with our team, please do get in touch.