BDO provided sell side advisory services to the exiting shareholders of EORI (UK) Ltd ('EORI'), the specialist customs declarations and brokerage company.
EORI was established in advance of supporting Brexit, having identified a gap in the market where customs legislation was going to change and impact thousands of businesses that import and export to and from the UK. EORI grew rapidly following its incorporation and has developed a market leading platform that expedites the customs process for a range of businesses, supporting frictionless trade across borders.
“On behalf of the Oakland International Group, we would like to thank BDO for their support with this strategic sale. The BDO team were highly responsive in preparing for the transaction and ensuring the intended timetable could be achieved. The sale will allow B Corp certified Oakland International Group to continue its focus on providing its supply chain, warehousing, distribution and added value solutions to its own customers and to continually invest in order to remain a market leader in its chosen markets."
Jeremy Hoare - Group CFO, Oakland International Group
"BDO is pleased to have supported the exiting shareholders with this transaction. The Oakland International Group successfully developed EORI into a leading customs solutions provider before its sale to the highly strategic trade acquirer 360 Pay Solutions."
Jason Whitworth, Partner
The BDO Project Team Included:
Jason Whitworth, Alper Dervish, Sam Gunn, Jake Dutton