Deal typePrivate Equity & Transaction Services
IndustryFinancial Services & Technology & Media
The BDO transaction services team recently provided financial/tax due diligence services to LDC in connection with the £12m management buy-out of Validus IVC Ltd (“Validus”).
Headquartered in Norwich and employing circa.150 people, Validus specialises in claims management and counter fraud software services for the motor insurance industry.
The business has a unique suite of software products that enable the efficient assessment and processing of motor insurance claims for its blue-chip customer base. Validus also operates a specialised value added service that helps to identify high risk or fraudulent motor claims that it then manages on behalf of its clients on a fully outsourced basis.