Acquisition of CAPE Holland by Venterra Group Plc

BDO.LiveSite.Deals.DealTypeTransaction Services
BDO.LiveSite.Deals.IndustryNatural resources & Energy
BDO.LiveSite.Deals.ClientNameVenterra Limited
BDO has provided financial and taxation due diligence on the acquisition of CAPE Holland by Venterra Group.

Venterra, formed in 2021 as a dedicated offshore wind services investor, has been building a portfolio of companies that support the offshore wind energy sector.  Venterra provides a growing range of services across the lifecycle of an offshore wind farm, helping support the global energy transition.

The acquisition of CAPE Holland expands Venterra's portfolio, as the market leader in the manufacture of specialist Vibro Lifting Tools,  which are used to drive offshore wind turbine monopiles into the seabed. 

The BDO project team included:
Financial Due Diligence – David Bevan, Ryan Biscomb, Konrad Langworth, Tashaq Husain, Nils Michiels (BDO Belgium)
Tax Due Diligence – Neil Stockham, Sam Boundy, Viran De Silva, Nick Condon, Burhan Babar
Completion accounts and SPA advisory – Andrew Riley and Laurence Mills.

 

"BDO are a trusted advisor to Venterra, having supported us on the majority of our acquisitions to date.  Once again, we found the team diligent, responsive and value-adding to the transaction.  BDO provided us with financial and taxation due diligence services along with SPA advisory on our largest transaction to date, the acquisition of Netherlands based CAPE Holland, a market leader in offshore vibro-piling.  We look forward to working with BDO on future transactions and we would certainly recommend BDO to others."

Ivan Ronald, Chief Financial Officer, Venterra