The BDO Transaction Services team have advised Maxxia (UK) Limited, a provider of enterprise wide asset financing solutions, on its acquisition of Capex Asset Finance Limited, a leading independent commercial finance broker based in Birmingham. Capex Asset Finance Limited joins a group of companies owned by McMillan Shakespeare Limited, an Australian listed company.
"For Maxxia, this was the second acquisition in as many months. Once again, Maxxia chose BDO to perform financial and tax due diligence services. The timetable was relatively tight with all members of the due diligence team (BDO included) required to work in a coordinated manner. This worked well with BDO building a good early relationship with the vendors. Feedback from BDO was proactive throughout and the proposed timetable was met. We have been delighted with the service provided and would welcome the opportunity to work with BDO again in the future."
Simon Cotton, Corporate Director