Deal typePrivate Equity & Transaction Services
IndustryTechnology & Media
Sub-industryMedia and entertainment & Technology
Client nameUnique X
BDO has provided vendor financial and tax due diligence services to support the refinancing of Unique X by Kartesia, realising an exit for BGF.
Unique X is a leading provider of end-to-end proprietary cinema software and content solutions for advertising, theatrical distributors and cinema owners. These services are provided to a global customer base with the software reaching over 42,000 cinema screens in over 90 countries. Each year, Unique X delivers over 200,000 movies and 1.1 billion advertising spots worldwide.
Kartesia, a European specialist provider of capital solutions for SME companies, has provided an investment of up to $80m which will support Unique X's next phase of growth. This includes the launch of new products and technologies, with significant growth into new territories.
The BDO project team included:
Andy Harris, Darren Phillips, Theo Chauhan-Jenkins and Harry Hughes (Financial due diligence)
Rosalind Payne and Rachel Seddon (Tax)
Unique X is a leading provider of end-to-end proprietary cinema software and content solutions for advertising, theatrical distributors and cinema owners. These services are provided to a global customer base with the software reaching over 42,000 cinema screens in over 90 countries. Each year, Unique X delivers over 200,000 movies and 1.1 billion advertising spots worldwide.
Kartesia, a European specialist provider of capital solutions for SME companies, has provided an investment of up to $80m which will support Unique X's next phase of growth. This includes the launch of new products and technologies, with significant growth into new territories.
"The BDO team played a crucial role in the success of this transaction. Their approach and commitment to client service along with their sector / due diligence expertise resulted in seamless and high quality process. The utilisation of data analytics allowed for a thorough and insightful review of our business.
We would highly recommend the services of BDO to anyone embarking on a deal process."
Tracey Wilson, Chief Financial Officer, Unique X
The BDO project team included:
Andy Harris, Darren Phillips, Theo Chauhan-Jenkins and Harry Hughes (Financial due diligence)
Rosalind Payne and Rachel Seddon (Tax)