BDO has provided sell side M&A services on the sale of Broughton Plant Hire and Sales (“BPH”) to the Swedish listed group, Lifco AB.
BPH is a UK specialist hire company supplying the mechanical, electrical and fire protection industries. The business is headquartered in Romford, Essex, and has national coverage through three other depots in Alfreton, Clevedon and Newcastle. The business prides itself on delivering quality equipment, value, convenience and exceptional customer service to its customers across the UK.
"The BDO team were extremely supportive throughout this transaction, helping prepare the business through all the steps of the process up to completion of the deal. Their deep understanding of the sector meant they represented the business knowledgeably and quickly identified a strategic buyer that is a great fit for the business. I would highly recommend them to any business owner who is considering selling their business."
Michael Broughton, Joint Managing Director, Michael Broughton Limited