Investment in Fever-Tree Limited by LDC

Deal typePrivate Equity & Transaction Services
IndustryRetail & Consumer

LDC backed the Capital Replacement of Fever-Tree, the UK’s leading premium tonic water and mixers brand, valuing the company at £48 million. BDO assisted LDC in the preparation of its final offer and through the exclusivity period, providing analysis and advice around pricing, working capital, accounting policies, taxation and the SPA.           

“The whole BDO team, comprising of transaction services, tax and forensics, was responsive and pragmatic throughout the process, offering a joined up approach to support LDC and its advisors in meeting a pressurised timetable, both pre and post-exclusivity. They were able to mobilise and respond at short notice and delivered commercially robust advice in a timely manner. LDC has worked with BDO on a number of deals recently and would happily engage their services again in the future.”

Kunal Dasgupta, Investment Director, LDC