The service sector is a key contributor to the UK economy both in terms of GDP and provision of employment. It is a broad sector covering a range of diverse knowledge-intensive industries providing specialised support to businesses including Business Process Outsourcing, Facilities Management, Recruitment and Human Resources, Consultancy, Professional Services, Advertising and Market Research, and Architectural and Engineering services.
As a consequence of the often highly skilled and knowledge-intensive nature of many of the services offerings, they are highly geographically mobile and therefore the UK is a key exporter of Business Services around the globe. As such, many M&A transactions within this sector will have an international element.
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