Power Saving Solutions provides high performance battery storage units and hybrid power systems for commercial use. Its Hussh Pod units work in conjunction with a variety of power sources, including diesel generators, renewable energy and on-grid sources, to give customers a hybrid power solution that maximises site efficiency, reduces emissions, reduces noise pollution and cuts costs for fuel and maintenance.
LDC’s support will help Power Savings Solutions solidify its leading position in the growing battery storage industry, supporting its organic growth strategy underpinned by product development and diversification into new end markets.
"The BDO team provided excellent support through financial and taxation due diligence for our significant investment in Power Saving Solutions.
This transaction had inherent challenges and complexities. We were really impressed with how the BDO Transaction Services team were able to leverage their knowledge and capability in using data analytics tools and techniques to overcome some of these challenges and deliver a high-quality report. The extent of insight provided by their due diligence was beyond that originally considered possible and helped provide us with a clearer understanding of the operational and commercial drivers underpinning financial performance of the business, ultimately supporting a strong investment case.
We would highly recommend the services of BDO to anyone embarking on a deal process and look forward to working with them again on future transactions."
Nicole Wong – Investment Manager, LDC
The BDO project team included:
Transaction Services - Vinod Patel, John Burton, Theo Chauhan-Jenkins, Maurice Kennedy, Aashray Juneja
Tax - Carol Hindle, Nathan Hughes