Guernsey M&A Activity Rises In Q3, Says Appleby

Statistics from Appleby show that Guernsey bucked the general offshore trend and experienced substantial increases in both deal value and volume when compared with the previous quarter.

A report released today by Appleby showed that despite a dip in the value and volume of offshore deals in the third quarter of 2014, the year as a whole is on track to be among the best showings for offshore M&A in the past decade.

The figures show that Guernsey was home to 64 deals with a total value of US$1.82 billion in the third quarter of the year. This represented a 28% increase in the number of deals and 43% jump in deal value when compared to the second quarter of the year.

"The Crown Dependencies of Guernsey, Jersey and the Isle of Man have all seen a rise in deal volume as compared to the second quarter of 2014, up 28%, 11% and 59%, respectively," said Jeremy Berchem, Corporate and Commercial Group Partner in Guernsey.