Updated 8:44am 25 May 2013
Feb 6 2008 nebusiness.co.uk
College takes honours in first-class awards
NEWCASTLE Colleges purchase of a national training provider completed in just 10 days which transformed it into a national brand was recognised as the Deal of the Year at this year's inaugural Journal Deal Awards.
We received a host of entries for the seven categories and last night the winners were revealed at a dinner for 300 guests in the Gateshead Hilton.
In March last year when Newcastle College bought national training provider Carter & Carter it not only secured the jobs of Carters 1,500 staff, it boosted the colleges annual turnover by s50m to s150m and raised its profile across the UK.
Jackie Fisher, principal of Newcastle College, received the award from the host for the evening, Wendy Gibson.
Ms Fisher said: I am overwhelmed and delighted for the recognition this award gives the college. I would like to thank the judges and the other finalists.
The Dealmaker of the Year award went to one of the most prominent figures in North East corporate finance. Paul Mankin, of PricewaterhouseCoopers, was the first full time staff member of the Newcastle corporate finance team in 1988. He now specialises in deals from s5m to s100m and has been involved in more than 200 transactions.
The Deal Awards are designed to recognise the strength of the corporate market in the North East and celebrate the ambition, vision and skill of our company bosses. They also
reward the often overlooked contribution of the lawyers, accountants, advisers and investors across the region who work tirelessly behind the scenes to make the deals come together.
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The main sponsor for the evening was law firm Watson Burton, with the other sponsors being Lloyds TSB Corporate Markets, UBS Wealth Management, Durham University, unw chartered accountants, North Star equity investors and e.on.
Gillian Hall, head of Watson Burtons corporate department and an awards judge, said: Acquiring a new company or business can energise the buyer and transform its performance. An acquisition strategy requires innovative thinking, nerve and commitment.
We have seen some great examples of acquisitions that have brought a new dimension to the buyers business. Deciding on a single winner has been an incredibly hard job.
Here is a full list of the winners:
Acquisition of the Year, sponsored by Watson Burton
Winner: Newcastle College
Runners up: Hadrian Group, Nomad Digital, Tharsus Engineering
Sale of the Year, sponsored by UBS Wealth Management
Winner: Bywell Holdings to Inflexion Private Equity
Runner up: Heighley Gate to the Wyevale Group.
MBO/MBI of the Year, sponsored by unw
Winner: Summit 1
Runner up: Innocore
Small/Mid-size Company Deal of the Year, sponsored by North Star Equity Investors
Winner: Nomad Digital
Runner up: Hadrian Group, DW Tilley, JD Plastics
Emerging Dealmaker of the Year, sponsored by e.on
Winner: Iain Richardson, Tait
Runners up: Amit Bhalla, PricewaterhouseCoopers; Simon Hewitson, BTG McInnes Corporate Finance; Zara Lane, unw
Dealmaker of the Year, sponsored by nebusiness.co.uk
Winner: Paul Mankin, PricewaterhouseCoopers
Runners up: Shawn Bone, BTG McInnes Corporate Finance; Michael Smith, Tait Walker
Deal of the Year, sponsored by Lloyds TSB Corporate Markets
Winner: Newcastle College