HMT

What HMT does

HMT LLP is an independent UK corporate finance advisory firm headquartered in Henley-on-Thames, Oxfordshire, with a regional office at 85 Gresham Street in London. Founded in 1992, the firm is privately held as a limited liability partnership, owned by its partners, with no disclosed institutional investor or private equity backing. The firm sits in the UK mid-market advisory segment, predominantly advising on transactions in the £10m to £100m deal size range, and serves both entrepreneurial businesses seeking exits or capital and private equity investors executing acquisitions, exits, and portfolio company transactions.

HMT operates three core service lines. M&A advisory covers buy-side and sell-side transactions, management buyouts, acquisitions, and mergers, including valuation, marketing, negotiation, and completion support. Fundraising advisory spans equity (Series A, growth capital) and debt (venture debt, development capital) raises, plus debt restructuring. Transaction support covers financial and vendor due diligence, financial modelling, and reporting accountant work for corporate and private equity buyers. The firm has organised itself around eight sector specialisms — Business Services, Consumer & Retail, Energy & ESG, Healthcare, Industrials & Manufacturing, Real Estate & Construction, Technology, and Travel, Leisure & Hospitality — supported by 11–50 staff across the two offices.

The business model is fee-based professional services, with pricing negotiated on a transaction-by-transaction basis and no public disclosure of rate cards. Go-to-market is sales-led and referral-driven, with the firm explicitly stating that most new work is won by recommendation from existing clients, professional advisers, and the Cognos Partners international M&A network, of which HMT is a board member. HMT does not use proprietary technology as a competitive lever; its competitive position rests on partner experience, a 30+ year track record, 24 industry awards across the past 10 years, and the international reach provided by Cognos's 27 offices across Europe, Asia, the Americas, and Oceania.

Name

HMT

Legal name

HMT LLP

Website

https://hmtllp.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

11–50 employees

Short description

HMT LLP is an independent UK mid-market corporate finance advisory firm founded in 1992, providing M&A advisory, fundraising, and transaction support to entrepreneurial businesses and private equity clients across eight sector verticals.

Ownership category

akta.pro rank

Headquarters

HQ city

Henley On Thames

HQ country

United Kingdom

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. M&A Advisory Services: Advisory fees from buy-side and sell-side M&A transactions including business sales, MBOs, acquisitions, and mergers for entrepreneurial businesses and private equity investors
2. Fundraising Advisory: Advisory services for equity and debt capital raises including Series A, growth capital, venture debt, and development capital
3. Transaction Support/Due Diligence: Financial and vendor due diligence services, financial modelling, and reporting accountant work for corporate and private equity buyers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

HMT is an independent corporate finance advisory firm that guides mid-market businesses, private equity investors, and corporates through mergers and acquisitions (business sales, MBOs, acquisitions, mergers), capital raisings (Series A, growth capital, venture debt, development capital), and transaction support (financial and vendor due diligence, financial modelling, due diligence tax). Engagements are partner-led and predominantly focused on the £10m–£100m UK mid-market deal size range.

Product overview

HMT is an independent corporate finance advisory firm offering three core services: M&A Advisory (business sales, MBOs, acquisitions, and mergers), Fundraising Advisory (equity and debt capital raises), and Transaction Support (due diligence and financial modelling). The firm operates across eight sector specialisms: Business Services, Consumer & Retail, Energy & ESG, Healthcare, Industrials & Manufacturing, Real Estate & Construction, Technology, and Travel, Leisure & Hospitality. HMT focuses on the UK mid-market, predominantly advising on transactions in the £10m to £100m deal size range. The firm is not a software product company; all offerings are professional advisory services.

Differentiator

Problem solved

Functional benefit

Products and services

• M&A Advisory Full-service mergers and acquisitions advisory for UK mid-market businesses, MBOs, acquisitions, mergers, and disposals, guiding clients through valuation, marketing, due diligence coordination, negotiation, and completion.
• Fundraising Advisory Capital raise advisory covering equity (Series A, growth capital), venture debt, development capital, and debt restructuring, connecting businesses with appropriate funding partners across the UK mid-market.
• Transaction Support Financial, vendor, and tax due diligence plus dedicated financial modelling capability supporting M&A and fundraising transactions for private equity and corporate clients.
• Business Services Sector Advisory M&A and fundraising advisory services focused on business services sub-sectors including professional services, consultancies, marketing agencies, recruitment, transport & logistics, and e-commerce fulfilment.
• Consumer & Retail Sector Advisory M&A and fundraising advisory for consumer and retail businesses, including B2C services and food & drink sectors.
• Energy & ESG Sector Advisory M&A and fundraising advisory for energy transition, ESG, cleantech, and future mobility sectors.
• Healthcare Sector Advisory M&A and fundraising advisory for healthcare businesses including health-tech, research, and medical companies.
• Industrials & Manufacturing Sector Advisory M&A and fundraising advisory for high-tech industrials, niche manufacturing, industrial services, and engineering companies.

Quantifiable outcome

• 24 awards won in the past 10 years
• +1 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Cognos PartnerscoreStrategic or Co-development PartnerHMT is the UK member firm of Cognos Partners, a global network of independent mid-market M&A firms with 300+ professionals in 27 offices worldwide. This membership enables HMT to support clients in targeting and transacting with overseas buyers and sellers with professionals who are culturally aligned.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Clearwater International: Independent mid-market M&A advisory with strong UK presence and broad sector coverage, frequently competing for similar PE-led mandates in the same £10m-£100m deal range as HMT.
• FRP Corporate Finance: UK mid-market advisory arm of FRP Advisory offering M&A, debt advisory and due diligence services; comparable in transaction support and mid-market PE client overlap with HMT.
• Dow Schofield Watts: UK mid-market corporate finance and advisory firm with regional office network and similar focus on SME M&A, fundraising, and transaction support for entrepreneurial and PE clients.
• BCMS (Crowe UK): Mid-market M&A advisory originally independent and now part of Crowe UK; specialises in owner-managed business sales in the lower-to-mid UK market, closely overlapping HMT's entrepreneurial client segment.
• Catalyst Corporate Finance: Boutique UK mid-market corporate finance adviser focused on M&A and fundraising for entrepreneurial and PE-backed businesses—directly competing with HMT in the same deal size band and client base.
• Cavendish Corporate Finance: UK-based independent mid-market corporate finance advisory firm with comparable focus on £10m-£100m+ deals across M&A, fundraising, and transaction support. Highly comparable in size, sector spread, and partner-led delivery model.

Broad incumbents

• Grant Thornton UK Corporate Finance: Mid-tier full-service advisory firm with significant UK mid-market M&A and due diligence practice; competes on the same £10m-£100m deals but with broader sector resources and international capability.
• Alantra UK: European mid-market investment banking and asset management group with UK advisory operations; overlaps with HMT in mid-market M&A but offers broader sector, larger deal capacity, and capital markets capabilities.
• BDO Corporate Finance: Large full-service accounting network with a substantial UK mid-market M&A and transaction support practice; competes for the same PE-led mid-market mandates but offers broader services, international reach, and balance sheet capacity.
• Houlihan Lokey: Global investment bank with a strong mid-market M&A and valuation advisory practice; competes for larger UK mid-market mandates and corporate divestitures where HMT's smaller scale is a constraint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/hmtllp

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HMT