After a few years of austerity due to the 2008 financial crisis, the Consumer spending has increased in recent years. If 2015 ended up been challenging for the sector with a 0.6% decrease in retail sales over the Christmas period, the e-commerce and m-commerce trends are up by 40% and are boosting the Consumer Services sector’s changing forms of activity. Key trends in the market are:
- Activity in the Consumer Services sector has observed a constant growth in recent years, boosted by the e-commerce development and the use of mobiles and tablets to make purchases. The Food & Drink and Apparel sub-sectors are some of the key sectors in the market.
- The M&A activity in the Consumer Services sector is flourishing with over 80 deals completed in the Thames Valley and South of England in the past 18 months including the sale of Rolling Luggage to Samsonite, the investment in Watchfinder by Beringea and the acquisition of Walkers Tyre Services by Micheldever Tyres Services Ltd
- The development of personalised customer experience and social media influencing purchases are likely to be some of the major trends for the sector in the future
Our corporate finance team has recently advised on significant deals in the Consumer Services sector in the Thames Valley and the South of England. To learn more about our expertise in this sector, contact us on 01491579740.
What our clients say
“We found HMT’s input and guidance during the financial due diligence process to be invaluable. HMT were quick to get under the skin of the business and understand the complex accounting issues. They kept us informed of their findings throughout the process and thanks to their timely and accessible reporting, we were able to complete the deal smoothly and efficiently.’
“With Aufeminin, we have found a new parent company which has great synergy with the Netmums brand. During the entire process, the HMT team have offered us professional advice and guidance of the highest quality and have helped us navigate our way through the legal and financial process which otherwise might have been overwhelming for the founders who have not been through this process before.”