Our industry specialists have a deep knowledge and understanding of the sector you work in. They combine this with a commitment to providing the smart advice that will help you grow your business with confidence.
30 September 2019
ASL is one of the premier experiential leisure operators in the UK centred around food, drink and bowling
Financial performance was adversely affected by the disposal of a core site in 2018. A replacement site was opened and has taken time to perform whilst the site established itself. This resulted in cash flow difficulties and a requirement for additional funding and a supportive shareholder to implement a bottom up operational restructuring plan which was mid-implementation.
BDO’s Special Situations M&A Team was introduced to run an accelerated M&A process.
Following an extensive sales process BDO delivered a pre-packaged sale to leisure sector specialist Risk Capital as part of its investment roll-up in the sector.
Subscribe to receive the latest BDO News and Insights