Deal typeCapital Markets & Transaction Services
IndustryFinancial Services & Technology & Media
Client nameHonye Financial Services Ltd
BDO was a reporting accountant for the reverse takeover of Zoyo Capital Ltd by Honye Financial Services Ltd.
Honye Financial Services Ltd ("Honye") was established in 2018 as a Main Market listed investment company, seeking acquisitions in the financial services and fintech sectors while Zoyo Capital Ltd ("Zoyo") is a British fintech, founded in 2018 to develop a share trading app. The reverse takeover of Zoyo by Honye will help to support Zoyo's cashflow by providing access to readily-available finance and commercialisation of the equity trading platform. BDO supported the reverse takeover by providing reporting accountant, audit, and tax services throughout the process.
The BDO project team included:
Ian Cooper, Graham Elsworth, Ryan Biscomb, Karishma Nagar (Deal Advisory - Transaction Services)
Gary Fensom, Nuala McLaughlin and Alan Piggott (Tax)
Honye Financial Services Ltd ("Honye") was established in 2018 as a Main Market listed investment company, seeking acquisitions in the financial services and fintech sectors while Zoyo Capital Ltd ("Zoyo") is a British fintech, founded in 2018 to develop a share trading app. The reverse takeover of Zoyo by Honye will help to support Zoyo's cashflow by providing access to readily-available finance and commercialisation of the equity trading platform. BDO supported the reverse takeover by providing reporting accountant, audit, and tax services throughout the process.
"Having acted as Honye Financial Service Ltd's reporting accountant on their IPO on the Main Market during 2018, it was our pleasure to provide further reporting accounting services to the Directors of Honye on their reverse takeover transaction of Zoyo Capital Ltd."
Ryan Biscomb, Transaction Services Director, BDO LLP
The BDO project team included:
Ian Cooper, Graham Elsworth, Ryan Biscomb, Karishma Nagar (Deal Advisory - Transaction Services)
Gary Fensom, Nuala McLaughlin and Alan Piggott (Tax)