What we do

211 quoted corporate clients
£38bn+ raised since 2007
1st For all UK public M&A in 2023 by number of deals
c.550 All-cap companies and funds covered across UK & Europe including via partners

Formed from the merger of Panmure Gordon and Liberum in May 2024, Panmure Liberum is the largest adviser to UK-quoted companies with market-leading teams in Investment Banking, Research, Sales and Execution.

The merger brings together our combined entrepreneurialism, deep and broad sector knowledge, and shared ambitions to establish a market leader in UK Investment Banking.

Our latest combined transaction successes

Feedback plc
Fundraise
Nov-2024
£5.6m
Amount Raised
Time Out Group
Placing
Oct-2024
£8.4m
Amount Raised
Mpac Group
Fundraise
Oct-2024
£30m
Amount Raised
A more pragmatic approach to debt could turn things around in Germany

A more pragmatic approach to debt could turn things around in Germany

Dec 2024

By Simon French, Chief Economist and Head of Research 

Are Germany’s well-documented economic troubles at a turning point? This is a question well worth pondering given the consensus that Europe’s largest economy is destined for another difficult year in 2025.

We can’t afford to allow our pension funds to shun UK assets any longer

We can’t afford to allow our pension funds to shun UK assets any longer

Dec 2024

By Simon French, Chief Economist and Head of Research 

The last month has seen more companies signalling their departure from the UK stock market. Ashtead, Loungers and Renewi have added to a de-equitisation trend that began decades ago but is accelerating. Poorly designed UK regulation that incentivised a shift away from shares and towards bonds has been amplified by procyclical investment consultants - often failed investment managers - and the impact of Brexit. The tax system has also been perverse. UK taxation actively disincentivises retail investors from owning UK stocks by levying Stamp Duty on UK purchases - something unlevied on foreign-listed shares – whilst the removal of the Dividend Tax Credit in 1997 has played a big role in the UK pensions system now owning just 3% of its assets in UK-listed shares. This figure was almost 50% in the early 1990s.

Trump may not be the nightmare European economies fear

Trump may not be the nightmare European economies fear

Dec 2024

By Simon French, Chief Economist and Head of Research 

 

Conventional wisdom has it that the second Trump Presidency will be a nightmare for the European economy. Certainly that is how financial markets see it. The Euro, the British Pound, and the Swiss Franc are down by six cents against the Dollar during the fourth quarter. The US S&P500 share index is up 9% over the last three months, the closest European equivalent - the Stoxx600 - is down by 2% over the same period. Investors are calculating that the growth of corporate earnings in the United States will further outstrip those in Europe - with US earnings fueled by Trump-led corporate tax cuts, and European earnings impacted by punishing tariffs on Europe's $600bn of goods exports into the US economy.

Panmure Liberum acted as Joint Financial Adviser and Sole Debt Adviser to Media Concierge on its recommended all-cash offer for National World plc for £65.1 million

Panmure Liberum acted as Joint Financial Adviser and Sole Debt Adviser to Media Concierge on its recommended all-cash offer for National World plc for £65.1 million

Dec 2024 News

Panmure Liberum acted as Joint Bookrunner and Joint Broker on Inspired Plc’s fundraise for up to £28.25 million

Panmure Liberum acted as Joint Bookrunner and Joint Broker on Inspired Plc’s fundraise for up to £28.25 million

Dec 2024 News

Panmure Liberum appointed as Joint Broker to Robert Walters Plc

Panmure Liberum appointed as Joint Broker to Robert Walters Plc

Dec 2024 News

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Cambridge

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New York

20th Floor 575 Fifth Avenue New York NY 10017 info@panmureliberum.com +1 212 596 4800