The 2020-2021 financial year was a record year for BDO Australia’s national M&A team, successfully completing 11 deals, valued at over $400 million.
This success flowed from a significant investment in tripling the size of their national specialist M&A team over the past two years. As well as a willingness to adapt to dynamic business environments.
Throughout the year, the M&A team won and completed high profile deals, supporting a range of clients including privately held and ASX-listed companies, across a broad spectrum of mandates including buy-side and sell-side lead advisory roles across national and cross-border transactions.
Key highlights were the sale of Go West Tours to Sealink Travel Group; Advising Mach7 Ltd on the acquisition of Client Outlook; the sale of McKay Drilling to TSX-listed Major Drilling International and the sale of Vortiv Ltd’s to CyberCX.
These landmark deals highlight the skills that the M&A advisory team possess in deal origination, negotiation and completion and their strength across Australia. The sale of Vortiv’s cybersecurity business to the BGH Capital-backed CyberCX is a prime example - with a Perth-based vendor, a Melbourne-based buyer and business assets in Sydney. BDO was able to provide experienced, dedicated M&A partners in each city to support every aspect of the transaction. COVID-19 Pandemic protocols necessitated an entirely online transaction and negotiation process, leveraging cross-office cooperation to bring the deal to a successful conclusion and deliver excellent client outcomes throughout. It was the first occasion, to our knowledge, that a private equity party completed a deal without meeting the target management team in person.
BDO’s strong national performance is also attributable to our significant M&A presence in Perth which is unmatched by any of its national contemporaries.
Click on the table below to view our deals for the 2020-2021 financial year in full size.
The performance of BDO’s record breaking year has resulted in BDO being shortlisted for MergerMarket’s Mid-Market M&A Financial Adviser of the Year, 5-150 million USD.
MergerMarket is an independent M&A intelligence service, specialising in providing forward-looking origination and deal flow opportunities. The MergerMarket Australia M&A Awards 2021 celebrate the best in M&A with over 20 prizes for creative advisory work on complex transactions.
Contact Us
BDO is a trusted adviser for clients undertaking a merger or acquisition. Our advisory team offer full-service M&A including buy-side and sell-side advice for clients. Contact us to discuss how we can help your business.
Subscribe to receive the latest BDO News and Insights
Please fill out the following form to access the download.