Deloitte, the business advisory firm, has been voted the 2007 Financial Due Diligence Provider of the Year by readers of Acquisition Finance Magazine.

Acquisition Finance Magazine has over 7,000 subscribers, and their readers are made up of active decision-makers in the corporate finance world, including corporate and private equity executives, investors and advisers. Their core audience is the mergers and acquisitions community in the UK, however their European and global coverage is expanding and now makes up over 30% of their subscriber base.  

Deloitte's strength in mergers and acquisitions, and in particular financial due diligence, has been one of the firm's key successes over the last year. Deloitte mergers and acquisitions specialists from across the firm's services lines - corporate finance, consulting, tax and audit - have worked on more than 300 deals in the last 12 months, including some of the largest deals in Europe. Deloitte's clients include multinational corporations, private equity houses, private companies, government and charities.

Andrew Grimstone, Partner and Head of Corporate Transaction Services at Deloitte, commented on the award: ‘This year our mergers and acquisitions expertise and ability to successfully deliver on the largest and most complex deals in the world have been both tested, and proven. The Alliance Boots deal has been a real highlight, and we are proud to offer multiple specialist mergers and acquisition services alongside deep industry expertise. We are delighted to receive this recognition for our financial due diligence work, most importantly because we were voted for by our peers. I’d like to extend my thanks to everyone who voted for Deloitte for this award.’

Charlotte Abbott, Editor of Acquisition Finance Magazine, said: “Deloitte has been recognised by their peers for their ongoing performance and reputation as the best partner in financial due diligence. Their determination and hard work has clearly paid off.”

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Notes to editor

About Deloitte
In this press release references to Deloitte are references to Deloitte & Touche LLP, which is among the country's leading professional services firms.  Deloitte & Touche LLP is the United Kingdom member firm of Deloitte Touche Tohmatsu ("DTT"), a Swiss Verein whose member firms are separate and independent legal entities.  Neither DTT nor any of its member firms has any liability for each other's acts or omissions.  Services are provided by member firms or their subsidiaries and not by DTT.  Deloitte & Touche LLP is authorised and regulated by the Financial Services Authority. 

For further information about Deloitte's financial due diligence and wider M&A services visit: www.deloitte.co.uk/mergersandacquisitions