Financial and Tax VDD on behalf of Chequers Capital
13 Oct 2022
13 Oct 2022
Eight Advisory carried out financial and tax vendor due diligence on behalf of Chequers Capital in connection with its acquisition by CNP and Sienna Private Equity in ECT.
ECT leaves Chequers Capital after eleven years to join CNP and Sienna Private Equity.
Founded in 1972, Chequers Capital is a leading European private equity firm. It operates in all sectors of industry, services and distribution and has made 300 investments in almost 50 years.
The ECT Group is a player in the circular economy of recovery and reuse of excavated soil. They are involved in development projects such as landscape parks, reforestation, biodiversity zones, urban forests, agricultural areas, photovoltaic plants, etc.
Sienna Private Equity is dedicated to private equity. It supports companies and their managers in the business services, industry, health and leisure sectors.
CNP is a family-owned investment company that supports leading and emerging European companies in their long-term development.
This transaction will enable ECT to accelerate its international development under the Landify brand.
The Eight Advisory team in charge of the financial vendor due diligence was composed of Christian Berling and Anatole Meylan.
The Eight Advisory Tax team in charge of the tax vendor due diligence was composed of Guillaume Rembry, Kevin Peau, Jérémy Cosma and Mizgin Ozhan.