Primary Capital backs the £35m MBO of Leisure Pass Group

Deal typeTransaction Services
IndustryTechnology & Media

The BDO Birmingham Transaction Services team worked with Primary Capital and RBS on the £35m management buyout of London based tourist pass systems provider Leisure Pass Group Limited, ("LPG"). LPG provides smart card based, multi-attraction, tourist passes to major attractions in London, (over 1.3 million people have used the London Pass to date), Paris and Berlin. 

“BDO produced a clear and comprehensive due diligence report, understanding our needs and bringing their expertise to bear. They maintained a good relationship with the management team throughout, enabling an exceptional speed of response to subsequent requests for additional information. We have worked with the BDO Transaction Services team on several transactions in recent years and would have no hesitation in choosing to work with them again.”

Alec Parkinson, Primary Capital