According to commercial business sales and acquisitions service provider Avondale’s first ever Annual Growth versus Survival Report around 60 per cent of companies turning over £10m have completed an acquisition in the past 24 months.The report found that 36 per cent of all respondents said they were also considering an acquisition in the next 24 months with two-thirds confidently declaring that they are in a “state of growth”. The report, which followed a roundtable discussion between Kevin Uphill, chairman of Avondale and parties including FD solutions, PHD Equity Partners and Holmesdale Building Society, found that as well as acquisitions companies were using innovation and boosting their brand image as key drivers in boosting business growth. Read more about addressing the skills gap:
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