Deal typePrivate Equity & Transaction Services
IndustryFinancial Services
Client nameSaltus Holdings
BDO has provided financial and tax due diligence services to Saltus on its acquisition of Tavistock's financial advice businesses.
Saltus has acquired Tavistock Partners Limited and the assets of Tavistock (Partners) UK Limited, including the Abacus and Duchy brands. The transaction comprises of £2.4bn assets under advice and staff of 95 - it will operate as a discrete business unit.
The new combined Saltus business will have assets under advice and management of over £7bn and more than 300 staff.
The BDO project team included:
Rahoel Patel, Dougie Hunter, Jack Gibson (Financial due diligence)
Nicoletta Papademetris, James Cameron, Burhan Babar (Tax)
Lawrence McGinley (Forensics)
Saltus has acquired Tavistock Partners Limited and the assets of Tavistock (Partners) UK Limited, including the Abacus and Duchy brands. The transaction comprises of £2.4bn assets under advice and staff of 95 - it will operate as a discrete business unit.
The new combined Saltus business will have assets under advice and management of over £7bn and more than 300 staff.
The BDO project team included:
Rahoel Patel, Dougie Hunter, Jack Gibson (Financial due diligence)
Nicoletta Papademetris, James Cameron, Burhan Babar (Tax)
Lawrence McGinley (Forensics)