Carsales Acquires Online Retailer

$$BDO.LiveSite.Deals.DealType$$M&A
$$BDO.LiveSite.Deals.Industry$$Technology & Media
$$BDO.LiveSite.Deals.SubIndustry$$Telecommunications

Our M&A team acted as the M&A sell side lead advisor to the shareholders of the target company. In late 2017, or M&A team advised the owners of a sector leading online retailer on the sale of their business to Carsales.com (ASX:CAR).

BDO role included:

  • Preparation of Information Memorandum
  • Contacting and chairing meetings with acquirer
  • Leading pricing and structuring negotiations
  • Managing the due diligence process
  • Project managing the legal teams for the completion of the sale and purchase agreement
  • General support of other matters required to complete the transaction.