Deal typePrivate Equity & Transaction Services
IndustryHealthcare & Life Sciences
Client nameLDC (Managers) Limited
BDO has provided financial and tax due diligence and tax structuring support to LDC on its investment in the management buyout of Taking Care from AXA Health.
Taking Care is a leading provider of technology-enabled care products and services, providing personal alarms, smart home monitoring products and associated monitoring and emergency call response services for elderly people to enable them to live safely and independently in their own homes. Taking Care currently supports over 150,000 customers across the UK.
LDC is backing Taking Care's management team to further expand its services and support more people to live independently at home. LDC's investment will also support Taking Care in targeting complementary acquisitions that broaden its range of products and services.
The BDO project team included:
Matt Lister, Lewis Winston, Amy Banister, Miles Devereux, Chris Lightfoot (Financial due diligence)
Nuala McLaughlin, Nathan Hughes and Amy Hoare (Tax)
Taking Care is a leading provider of technology-enabled care products and services, providing personal alarms, smart home monitoring products and associated monitoring and emergency call response services for elderly people to enable them to live safely and independently in their own homes. Taking Care currently supports over 150,000 customers across the UK.
LDC is backing Taking Care's management team to further expand its services and support more people to live independently at home. LDC's investment will also support Taking Care in targeting complementary acquisitions that broaden its range of products and services.
"Taking Care has a great position in the market and we were pleased to be able to help support LDC's investment. It was great to be able to leverage our deep sector knowledge to provide financial and tax due diligence and tax structuring support. We are excited to see the business progress"
Matt Lister, Partner, BDO LLP
The BDO project team included:
Matt Lister, Lewis Winston, Amy Banister, Miles Devereux, Chris Lightfoot (Financial due diligence)
Nuala McLaughlin, Nathan Hughes and Amy Hoare (Tax)