Deal typePrivate Equity & Transaction Services
IndustryManufacturing
Sub-industryBuilding products & Engineering
Client nameBrisant Secure Limited
BDO has provided vendor financial and tax due diligence on the sale of Brisant Secure Limited to Allegion plc, realising an exit for BGF.
Backed by BGF since 2021, Brisant Secure Limited ("Brisant"), designs, develops, markets, supplies and distributes premium, high quality, innovative door locks and hardware to fenestration and locksmith companies as well as keys direct to the homeowner. Brisant’s programme of innovation and patented product development has driven growth and allowed the business to develop / penetrate into new and accretive distribution channels and customers.
Allegion plc (NYSE: ALLE), is a leading global security products and solutions provider. The acquisition of Brisant, builds on both companies’ reputation for quality and presents an exciting opportunity in the next stage of growth.
The BDO project team included:
Financial due diligence: Vinod Patel, Andrew Sproule, Theo Chauhan-Jenkins, Gurdev Singh, Laura Ghazireh
Tax due diligence: Steve Round, Susan Cameron
Backed by BGF since 2021, Brisant Secure Limited ("Brisant"), designs, develops, markets, supplies and distributes premium, high quality, innovative door locks and hardware to fenestration and locksmith companies as well as keys direct to the homeowner. Brisant’s programme of innovation and patented product development has driven growth and allowed the business to develop / penetrate into new and accretive distribution channels and customers.
Allegion plc (NYSE: ALLE), is a leading global security products and solutions provider. The acquisition of Brisant, builds on both companies’ reputation for quality and presents an exciting opportunity in the next stage of growth.
The BDO Transaction Services team played a crucial role in the success of the transaction. Their knowledge and expertise in the sector / vendor due diligence, combined with their data analytics skills, allowed them to thoroughly analyse the commercial and financial aspects of our business. This was clearly articulated in a high-quality report, which positioned our business strongly in the market.
We would highly recommend BDO’s services to anyone embarking on a deal process.
Annabel Mantel, Finance Director, Brisant Secure Limited
The BDO project team included:
Financial due diligence: Vinod Patel, Andrew Sproule, Theo Chauhan-Jenkins, Gurdev Singh, Laura Ghazireh
Tax due diligence: Steve Round, Susan Cameron