Vendor due diligence for sale of Sentral Education Pty Ltd' to private equity
Our Transaction Services team were engaged by Sentral Education to perform vendor financial and tax due diligence. Sentral Education Pty Ltd, a leading provider of comprehensive student information systems announced on 16 May 2017 a share sale to Armitage Associates an investment partner for medium sized businesses.
Sentral Education has continued to grow in recent years, expanding its services across Australia. The sale to Armitage Associates is seen to be the next step in Sentral’s exciting journey as they look to utilise the expertise in Armitage’s team to focus the business on growing and meeting its full potential.
In relation to the vendor due diligence service provided, I found the Corporate Finance team to be extremely knowledgeable and they worked tirelessly to ensure that relatively tight deadlines were met. They provided valuable insights and analysis in their report which not only added value to the process, but also limited queries or complemented responses to any questions Armitage had. I would have no hesitation in recommending BDO in the future.