Vendor due diligence on sale of Ocean Outdoor

BDO.LiveSite.Deals.IndustryTechnology & Media

BDO provided vendor due diligence services to Smedvig Capital in connection with its sale of Ocean Outdoor to LDC. Ocean Outdoor is an outdoor advertising agency that specialises in iconic large format digital and banner advertising sites across the UK, including Westfield and the BFI IMAX. LDC's investment will allow further expansion of sites and implementation of new digital technology.

"The BDO team provided valuable and timely assistance throughout the sale process. They supported management with their pragmatic and hands-on approach whilst maintaining a level of challenge that ensured the report was objective throughout. The result was a robust report that addressed potential buyers' needs and indeed was commented on as being of high quality by all those who received a copy".

Stephen Joseph, FD, Ocean