BDO’s Mergers & Acquisitions team acted as lead Adviser to the Entanet International £14m VIMBO.
BDO advised Entanet on raising private equity funding from Mobeus Equity as part of the £14 million buyout of Entanet International Limited, which is one of the UK’s leading independent wholesale voice and data communications providers.
Entanet International provides a diverse portfolio of business class data and voice services via a network of over 2,000 wholesale and reseller channel partners in the UK and has been recognised through many leading industry awards including best Channel ISP in the Comms Dealer National Awards 2013 and Best Business Fixed Broadband provider at the 2013 ISPA Awards.
"BDO took time to understand what we are looking for and worked tirelessly throughout the MBO to secure a transaction which met the ambitions of all parties. Their sector and deal experience really helped to position the business to the right private equity investors and their commitment, skill and dedication to a successful outcome was excellent. The deal wouldn’t have happened without their professionalism and we’ll definitely be recommending them".
Elsa Chen, Entanet International