Deal typeTransaction Services
IndustryManufacturing
Sub-industryTransport & Logistics
BDO provided buy side and tax due diligence services to MML/Virginia in relation to their investment in Allmed, a Kilkenny based freight firm.
Virginia International Logistics (“Virginia”) is a warehousing and freight transport business. It is backed by MML Growth Capital Partners Ireland. It was established in Cavan in 1982 as a local transport business by Johnny Cole, with his sons Sean, James, Eamon and Ray Cole in the business today. In FY Dec’22 the business reported turnover of c. €37.8m which converted to an EBITDA of c. €5.6m. Allmed Logistics Limited (“Allmed”) is a chilled and frozen freight transporter between Europe and Ireland based in Kilkenny. The business was founded in 2002 by Alan and Alison Hoyne.
The team advising on the deal was led by Rory O'Keeffe.
Virginia International Logistics (“Virginia”) is a warehousing and freight transport business. It is backed by MML Growth Capital Partners Ireland. It was established in Cavan in 1982 as a local transport business by Johnny Cole, with his sons Sean, James, Eamon and Ray Cole in the business today. In FY Dec’22 the business reported turnover of c. €37.8m which converted to an EBITDA of c. €5.6m. Allmed Logistics Limited (“Allmed”) is a chilled and frozen freight transporter between Europe and Ireland based in Kilkenny. The business was founded in 2002 by Alan and Alison Hoyne.
The team advising on the deal was led by Rory O'Keeffe.