Acquisition of Mitie Group's Document Management business by Swiss Post Solutions
Deal TypeTransaction Services
Sub-IndustryFacilities Management & Support services
ClientSwiss Post Solutions
BDO has provided financial and tax due diligence for the acquisition of Mitie Group's Document Management business by Swiss Post Solutions.
Swiss Post Solutions, which is part of the Swiss Post Group headquartered in Switzerland, is a leading outsourcing provider for business processes solutions and innovative services in document management.
It's acquisition of Mitie Group's document management business extends its operations in the United Kingdom.
Mitie Group will continue to offer these services under a preferred supplier partnership with SPS, and the additional scale and expertise of SPS will enhance the range of document management services offered to Mitie's clients.
"This was our first experience of working with the BDO Transactions team in the UK. They mobilised a team at short notice and throughout the transaction adopted a pragmatic approach adapting to the circumstances in front of them. They focussed on the key commercial issues and provided high quality support throughout. We will definitely work with them again."
Charles Kammerer, M&A Project Leader, Swiss Post
"It was a pleasure to work closely with the Swiss Post team on this transaction, which will enhance their position in the UK market for document logistics and business process services."
Jeff Harris, Transaction Services Partner