BDO undertook vendor due diligence in relation to the sale of Beck and Pollitzer, the international machinery moving specialist, by Bridgepoint Development Capital. The team were then engaged by Graphite Capital, the eventual acquirers, to perform top up due diligence.
Beck and Pollitzer was established in London in 1863 and now have offices in 13 countries, with a global workforce of over 500. Derek Neil said, “BDO was delighted to work with Bridgepoint Development Capital, Beck & Pollitzer and Graphite Capital on this transaction.”
BDO supported Graphite on their acquisition of Beck & Pollitzer. The due diligence was well planned and executed, enabling us to gain a deep understanding of the business, its key value drivers, upsides and risks. The team were responsive and worked within tight deadlines to enable us to deliver a successful transaction in an accelerated timeframe.”
John Western, Investment Manager, Graphite Capital