Albion Venture Capital Trust merger

BDO.LiveSite.Deals.DealTypeM&A
BDO.LiveSite.Deals.IndustryFinancial Services

Our Mergers & Acquisition team acted as sponsor to Albion Venture Capital Trust plc in connection with its merger with Albion Prime VCT plc. The merger will result in an enlarged company with net assets of over £40m. The merger was effected by a scheme of reconstruction.      

"We were pleased with BDO’s performance as Sponsor to Albion Venture Capital Trust PLC and as Listing Agent to Albion Prime VCT PLC on the merger of the two companies. They performed their role of liaising with the UKLA and the London Stock Exchange efficiently and cost effectively so the transaction proceeded without any hitches. We would be happy to recommend BDO for any similar transaction". 

Henry Stanford , Partner, Albion Ventures LLP