Crowe advised CloudClevr, part of Rigby Group PLC, on its acquisition of Bamboo Technology Group, providing financial and tax due diligence advice.
Bamboo Technology Group is a leading communications and IT specialist based in Cheltenham, this acquisition gives CloudClevr increased geographic coverage in the west of England and brings complementary communications and IT capabilities to the group as well as significant additional scale.
Rigby Group PLC is one of Europe’s largest private investors in technology, seeking investments to create a long term sustainable future.
Crowe provided (Vendor) due diligence services to CloudClevr and the Rigby Group PLC to successfully complete the deal. Crowe’s financial due diligence services were led by Geert Struyven and David Payne while Rob Gunn and Joe Krawec provided tax due diligence advice.
"This was our first transaction with Crowe and we were impressed with the quality of their work as well as their responsiveness throughout the process, which enabled us to close the deal successfully and in line with the timetable. We look forward to working with the Crowe team again."
John Taylor, Portfolio Director, Rigby Group PLC