Acquisition of Lifeline 24 by Appello

Deal typePrivate Equity & Transaction Services
IndustryHealthcare
Client name Appello Holdings Limited

BDO provided financial and tax due diligence services on the acquisition of Lifeline 24 by Appello.

Appello, the UK leader in digital Technology-Enabled Care Services (TECS) has acquired Lifeline24 which strengthens the services it can offer their respective customers.

Lifeline24 is a national provider of telecare alarms and monitoring services based in Norwich and the increased scale and geographical presence of the combined business will create further resilience for customers.

 

“The BDO Transaction Services Team and BDO Tax Team were able to deliver a fantastic support, advice and report during a deal which had a number twists and turns that needed real dynamism and creative thinking to deliver quickly changing outcomes in very tight timelines. The communication throughout and quality of the output was impressive under difficult circumstances. I am very pleased with the outcome.”

Craig Barlow, CFO, Appello