​Acquisition of PEME by Edwin James Holdings, backed by Aliter Capital

Deal typePrivate Equity & Transaction Services
IndustryBusiness Services

BDO provided financial and tax due diligence services to Edwin James Holdings, the technical services group that specialises in the built environment, on its acquisition of Rayfern Holdings Limited, trading as Peterborough Electrical and Mechanical Engineering (PEME), supported by Aliter Capital and HSBC. PEME provides outsourced mechanical and electrical engineering services to a blue-chip customer base. The bolt on will continue to expand EJH’s geographical reach and offering in mechanical, electrical and process engineering across the UK.

"The acquisition of PEME by Edwin James Holdings (“EJH”) further increased the Group’s service offering and geographical footprint. Given BDO’s existing knowledge of EJH and the strength of their team, we appointed BDO to carry out the financial and tax due diligence, with the BDO team working closely with the Aliter team through to the successful completion of this deal. BDO’s commercial approach and focus to deliver to tight timescales helped us maintain momentum to close on the original timetable. We would not hesitate in using BDO to advise on future transactions."

Andrew Busby, Partner, Aliter Capital