BDO was a reporting accountant for the AIM IPO Saietta Group plc.
Saietta is a UK company headquartered in Oxfordshire that has developed an innovative axial flux electric motor to deliver class-leading performance for its target markets whilst being low cost and designed for mass market production.
Saietta's initial target market is the lightweight mobility market including motorcycles and its first AFT motor is optimised for mid-power motorbikes and last-mile delivery vehicles, with high efficiency for typical start-stop journeys within urban areas.
The Group provides end-to-end engineering services for electric motor technology to OEMs, for every stage from product definition to production process definition.
"Having not worked with BDO previously we were pleased with their thoroughness and the comprehensive inputs they gave across all aspects of support to the finance stream within the IPO process. We now look forward to their support through our growth."
Steven Harrison, Finance Director, Saietta Group plc
"It is a pleasure to have supported a business like Saietta that will help to transform transportation to renewable energy sources."
Jeff Harris, Transaction Services Partner, BDO