BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryLeisure
BDO.LiveSite.Deals.SubIndustryTravel
BDO.LiveSite.Deals.ClientNameRotala Group Limited
BDO provided financial due diligence services to HSBC, for the take private of Rotala PLC
Rotala Group, the transport solutions business, has been taken private through a combination of rolled over equity from key management and investors, as well as HSBC UK facilities. AIM listed Rotala PLC, a leading force in the UK's bus operations sector, has been acquired by Rotala Group Limited.
Rotala Group has used a £21 million funding package from HSBC UK to delist from the AIM stock exchange, enabling the business to streamline its management and achieve its ambitious growth targets.
BDO provided Financial Due Diligence services to support this transaction and the project team included: Dougal Baxter, David Billington, Jaspreet Sanghera-Golar and Shujhon Miah.
Rotala Group, the transport solutions business, has been taken private through a combination of rolled over equity from key management and investors, as well as HSBC UK facilities. AIM listed Rotala PLC, a leading force in the UK's bus operations sector, has been acquired by Rotala Group Limited.
Rotala Group has used a £21 million funding package from HSBC UK to delist from the AIM stock exchange, enabling the business to streamline its management and achieve its ambitious growth targets.
BDO provided Financial Due Diligence services to support this transaction and the project team included: Dougal Baxter, David Billington, Jaspreet Sanghera-Golar and Shujhon Miah.
“BDO were a pleasure to work with. They were very straightforward and transparent in their approach, in particular maintaining flexibility and open communication with the Management team to manage the evolving requirements of the PTP process. Having got up to speed with our business quickly, they produced a focussed and insightful report for the funding bank. Their support was greatly appreciated throughout our transaction and we would not hesitate to recommend them.”
Simon Dunn - CEO Rotala Group Limited