BDO provided financial vendor due diligence and commercial due diligence services to support the investment in CatSci Limited by Keensight Capital.
Founded in 2010, Catsci is an innovative end-to-end process research and development partner to globally based pharma and bio-tech customers, supporting the development of new drugs. Investment from Keenisght Capital will enable CatSci to pursue ambitious growth plans, including expanding capacity and capabilities.
"We were very pleased with the BDO teams which carried out vendor financial due diligence and elements of commercial DD. Both the BDO FDD team (led by Matt Lister) and the CDD team (led by Gurpal Ahluwalia) were friendly, professional, commercial and efficient and worked highly collaboratively with us, helping minimise disruption to our underlying operations and achieve a successful outcome for stakeholders. BDO’s high quality and focussed reports added significant value to our transaction and process and enabled us to complete the deal on an accelerated timetable. We look forward to working with BDO again in the future."
Mark Bate, Financial Director, CatSci Limited