The BDO Birmingham Transaction Services team recently provided Financial/Tax due diligence services to NVM Private Equity ("NVM") in connection with their investment in Volumatic Limited ("Volumatic"). Volumatic is a leading provider of intelligent cash handling products and services to UK and international markets, with a long-established, blue-chip customer base. The investment provides Volumatic the opportunity to drive growth through development of its products and markets, including leverage of the Counter-Cache Intelligent (CCi) product launched during 2008.
“The BDO team provided us with first rate support over what proved to be an elongated transaction process. They dovetailed well with the commercial due diligence providers to give us a comprehensive report that reflected the commercial risks and opportunities in the business, as well as the financial implications. We also used their experience extensively during the transaction to assist us with the negotiations with the vendor and particularly valued the counsel provided by the team in these discussions.”
James Arrowsmith, NVM Private Equity