Deal typePrivate Equity & Transaction Services & Corporate Tax
IndustryLeisure
Sub-industryRestaurants & Bars & Travel
Client nameCultureCo UK Limited
BDO provided buy-side financial and tax due diligence services to 14-Collective in connection with its acquisition of Cavern City Tours Limited.
Cavern City Tours Limited is the owner and operator of the internationally recognised Cavern Club in Liverpool, a landmark venue synonymous with The Beatles and the city's music heritage. The business operates a diversified portfolio of music, tourism and visitor attractions, including live entertainment venues, Beatles-themed tours and experiential visitor offerings, attracting both domestic and international visitors to one of the UK's most iconic cultural destinations.
14-Collective, a portfolio company of Orkila Capital, invests in and operates distinctive culture, leisure and experience-led businesses. The group focuses on acquiring and developing high-quality heritage, tourism and entertainment assets with strong brand equity, seeking to preserve and enhance culturally significant destinations while supporting long-term growth and investment.
The project team included:
Ian Cooper, Ollie Woodward, Niel du Toit, Christopher Cannon, Emily Garner and Hanvir Rai (Financial due diligence)
Daisy Boughtflower, Amal Javed (Tax due diligence)
Cavern City Tours Limited is the owner and operator of the internationally recognised Cavern Club in Liverpool, a landmark venue synonymous with The Beatles and the city's music heritage. The business operates a diversified portfolio of music, tourism and visitor attractions, including live entertainment venues, Beatles-themed tours and experiential visitor offerings, attracting both domestic and international visitors to one of the UK's most iconic cultural destinations.
14-Collective, a portfolio company of Orkila Capital, invests in and operates distinctive culture, leisure and experience-led businesses. The group focuses on acquiring and developing high-quality heritage, tourism and entertainment assets with strong brand equity, seeking to preserve and enhance culturally significant destinations while supporting long-term growth and investment.
"The Cavern Club is one of the most iconic music venues in the world and, together with Cavern City Tours' broader portfolio of visitor experiences, represents a compelling platform within the experiential leisure sector. It was a pleasure to work alongside 14-Collective and Orkila Capital on the transaction, and we look forward to seeing the business continue to build on its rich heritage and strong market position."
Ollie Woodward - Director - Transaction Services
The project team included:
Ian Cooper, Ollie Woodward, Niel du Toit, Christopher Cannon, Emily Garner and Hanvir Rai (Financial due diligence)
Daisy Boughtflower, Amal Javed (Tax due diligence)