Acquisition of British Waterways Marinas Ltd by Lloyds Development Capital (LDC)

BDO.LiveSite.Deals.ClientNameCanal & River Trust Ltd

BDO undertook taxation and financial vendor due diligence for Canal & River Trust Ltd in relation to their sale of British Waterways Marinas Ltd to Lloyds Development Capital (LDC). 

British Waterways Marinas Ltd is the largest operator of inland marinas, which are located all over the UK, including Canary Wharf. 

The investment by LDC will support the development of the marina estate by adding new locations and strengthening the existing portfolio of marinas.

"We were very pleased with BDO's collaborative approach to this transaction, providing an independent, issues focused vendor due diligence report. The BDO team gave balanced advice throughout the engagement and adopted a proactive approach in working closely with our other advisors. We significantly benefitted from their expertise in vendor due diligence. I would be delighted to work with them again and can thoroughly recommend them."

Jeff Whyatt, CEO British Waterways Marinas Ltd