Sale of Smart-Space to Lauralu

Deal typeM&A
Sub-industryBuilding products

BDO has provided M&A sell-side advisory services in relation to the sale of Portable Venues (Group) Limited (trading as Smart-Space) to Lauralu, a France headquartered specialist in modular structures for industrial and commercial applications, which is backed by Evolum. Smart-Space is a leading UK supplier of temporary, semi-permanent and permanent buildings for long-term hire or purchase across diverse end-sectors.

 “BDO positioned our company in a way which reflected its true value, whilst setting out clearly the advantages to any potential buyer. After an agreed period of marketing and negotiations, BDO came up trumps and delivered a win-win solution.

We as sellers are comfortable with the value placed on the business and subsequent sale price, whilst I’m sure the buyer is every bit as excited about this new opportunity. This could not have happened without the professionalism or spirit of goodwill of the BDO team.”

Antony Hunt, Founder and Shareholder