Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryMarketing services
Client nameIngenuity Digital Limited
BDO has provided financial and tax due diligence on the acquisition of Vervaunt by IDHL.
Founded in 2017, London-based Vervaunt is a 70-plus person ecommerce consultancy, strategy and performance agency specialising primarily in growing and scaling brands in the fashion, luxury and lifestyle verticals. Vervaunt also operates the events programme Pulse, including its annual ecommerce summit, hosted in London and New York, which brings together ambitious, high-growth retailers and brands to explore the latest ecommerce innovations.
Bridgepoint backed digital agency IDHL has evolved over 25 years to become one of the UK's most comprehensive growth partners for ambitious businesses. The acquisition has grown IDHL's team to about 500 people with teams in London, Leeds, Manchester, Southampton and New York.
The BDO project team included:
Jeff Gardner, Adam Broatch, Olivia Wakefield, Chloe Stimpson (Financial due diligence)
Nick Millward and Stephen Allender (Tax)
Founded in 2017, London-based Vervaunt is a 70-plus person ecommerce consultancy, strategy and performance agency specialising primarily in growing and scaling brands in the fashion, luxury and lifestyle verticals. Vervaunt also operates the events programme Pulse, including its annual ecommerce summit, hosted in London and New York, which brings together ambitious, high-growth retailers and brands to explore the latest ecommerce innovations.
Bridgepoint backed digital agency IDHL has evolved over 25 years to become one of the UK's most comprehensive growth partners for ambitious businesses. The acquisition has grown IDHL's team to about 500 people with teams in London, Leeds, Manchester, Southampton and New York.
"It was a pleasure to work once again with the BDO financial and tax due diligence teams on our recent acquisition of Vervaunt. Their collaborative approach, professionalism, and expertise were evident throughout the process. They delivered robust due diligence but also added value through their insights, responsiveness and commercial mindset. We greatly appreciate their support and look forward to partnering with them on future transactions."
Mike Sprot, CFO, Ingenuity Digital Limited
"Fantastic to have supported the team at IDHL on its latest bolt on acquisition, further expanding its capabilities in paid marketing, ecommerce and AI."
Jeff Gardner, Transaction Services Partner, BDO LLP
The BDO project team included:
Jeff Gardner, Adam Broatch, Olivia Wakefield, Chloe Stimpson (Financial due diligence)
Nick Millward and Stephen Allender (Tax)