BDO provided lead corporate finance advisory services to the shareholders of enevo Ltd. on their significant investment from Horizon Capital to accelerate its growth.

Enevo are a leading built environment consultancy business providing testing, inspection, compliance and certification (TICC) services to a broad range of clients, helping them to navigate the complex and ever evolving landscape of building compliance regulation. Founded in 2010, enevo has grown through strategic orgnanic expansion and a targetted buy and build strategy that has broadended their service propositon and footprint across the UK.

BDO ran a highly competitive process that attracted interest from a significant number of trade and private equity buyers, with Horizon Capital ultimately being the preferred party.

This transaction marks a significant milestone for enevo on their growth journey, as the existing management team will continue to lead the business alongside Horizon as they escalate their ambitious buy and build strategy in an exciting sector with a number of strutrucal growth drivers supporting growing market opportunities.

BDO's tax and transaction services teams also provided vendor due diligence services to enevo, as well as tax structuring support to the shareholders.

 

“BDO was an outstanding M&A adviser who demonstrated best-in-class capabilities and who cared deeply about, and worked relentlessly to, deliver an outstanding outcome for us. Tim, Josh and the team did a wonderful job, and I could not recommend them more highly.”

Mark Heptonstall, Founder and CEO

 

The BDO project team included:

M&A - Tim Day, Josh Hampton, Jake Dutton, Rachael Campbell 
TS - Jeff Gardner, Olivia Wakefield, Chloe Stimpson 
Tax DD - Tom Klouda, Stephen Allender, Sam Wilson 
Tax Structuring - Nick Millward, Jake Daniels