BDO has advised Chemonics International („Chemonics“), a leading sustainable development company, on the acquisition of Berlin-based Luvent Consulting („Luvent“).
A transaction team from BDO AG Wirtschaftsprüfungsgesellschaft, led by Steffen Eube (Partner Deal Advisory) and Michael Brauer (Partner Transaction Tax), carried out a comprehensive buy-side financial and tax due diligence.
With 50 years of experience, Chemonics has established itself as a reliable partner in providing innovative and effective development solutions in more than 150 countries. As an international development specialist, Luvent brings a wealth of knowledge and experience to the table, offering innovative solutions for digital transformation, private sector development and climate action. As a values-driven company, the Luvent team has a successful track record of implementing projects on behalf of European donors worldwide, earning recognition for its innovative approaches, measurable results, and inclusive partnerships.
Chemonics' acquisition of Luvent emphasises its commitment to fostering collaboration and innovation in the global development community. By combining resources, networks, and expertise, Chemonics and Luvent aim to provide sustainable solutions to some of the world's most pressing challenges, from alleviating poverty to protecting the environment.
The BDO team consisted of:
Financial Due Diligence:
- Dr. Steffen Eube (Partner, Deal Advisory, Frankfurt)
- Felix Fries (Senior Manager, Deal Advisory, Frankfurt)
- Edward Papa (Consultant, Deal Advisory, Frankfurt)
- Michael Brauer (Partner, Transaction Tax, Düsseldorf)
- Simone Schmalhofer (Senior Manager, Transaction Tax, Frankfurt)