Deal typePrivate Equity & Transaction Services
IndustryFinancial Services
Client nameCanary Bidco (Guernsey) Limited
BDO has provided financial and tax due diligence services to Skerritts on the acquisition of Black Swan Financial Planning.
Skerritts has acquired London-based advice firm, Black Swan Financial Planning. This enhances Skerritts' presence in London and the South East of England as the group looks to accelerate its expansion nationally.
Headquartered in Hove, Skerritts is a chartered financial adviser and wealth manager. In March 2021, Sovereign Capital Partners, a UK private equity Buy & Build specialist, completed a significant investment to develop the business through a strategy of organic and acquisitive growth, which has seen the addition of new offices in Chester, Kent, Hampshire and London.
The purchase of Black Swan adds over £540 million of AUM and brings the number of deals that the Skerritts Group has completed since the Sovereign investment up to ten.
The BDO project team included:
Rahoel Patel, Dougie Hunter, Brian Wong (Financial due diligence)
Nicoletta Papademetris, James Cameron, Dilan Chohan (Tax)
Skerritts has acquired London-based advice firm, Black Swan Financial Planning. This enhances Skerritts' presence in London and the South East of England as the group looks to accelerate its expansion nationally.
Headquartered in Hove, Skerritts is a chartered financial adviser and wealth manager. In March 2021, Sovereign Capital Partners, a UK private equity Buy & Build specialist, completed a significant investment to develop the business through a strategy of organic and acquisitive growth, which has seen the addition of new offices in Chester, Kent, Hampshire and London.
The purchase of Black Swan adds over £540 million of AUM and brings the number of deals that the Skerritts Group has completed since the Sovereign investment up to ten.
The BDO project team included:
Rahoel Patel, Dougie Hunter, Brian Wong (Financial due diligence)
Nicoletta Papademetris, James Cameron, Dilan Chohan (Tax)