10
BDOTRANSACTION SERVICES
BDOTRANSACTION SERVICES
11
BRAZIL
CANADA
Due diligence of one of the largest sanitation companies in Brazil for potential privatization
The BDO Transaction Services team in Brazil assisted the national bank with accounting, financial, tax, and labor due diligence of one of the largest sanitation companies in Brazil, COPASA, for potential desestatization (Brazil's National Privatization Program). Companhia de Saneamento de Minas Gerais – COPASA MG, with a history of more than 55 years, belongs to the ESG sector, its shares are currently traded on the B3 under the symbol CSMG3, and is listed on the Novo Mercado, a segment that requires higher standards transparency and corporate governance rules. The Company's main activities include the supply of drinking water (collection, treatment and distribution of treated water to final consumers), sanitary sewage (collection, transport, treatment and final disposal of sewage, from the building connection to the final disposal in the environment), urban cleaning and solid waste management. In December 2020, COPASA owned 640 concessions for the provision of water supply services, serving 11.8 million people through 5.5 million units, and 310 sewage concessions, serving 8.3 million people with sewage services through 3.8 million units.
F12.net is a leading managed IT service provider of comprehensive IT platforms designed to eliminate the IT risk and complexity for small and medium-sized entities across Canada. In 2020 F12.net partnered with Canadian based mid market Private Equity firmClairvest, with the intention of continuing to help scale F12.net to new levels. In 2021, the BDO Financial andTax Diligence team in Canada advised F12.net on its two acquisitions, Xylotek Solutions Inc. ('Xylotek') and My Blue Umbrella ('MBU'). Xylotek is a leader in providing IT services to small and medium-sized enterprises ('SME') in the southwest region of Ontario, Canada. The addition of Xylotek adds capable leadership, bench strength, and geographic reach to F12, aiding in F12’s goal to eliminate IT risk and complexity for SMEs across Canada. MBU, is a full-service IT business-transformation company with an extensive range of services in the Greater Toronto Area of Canada.
Acquisition of Xylotek Solutions Inc. and My Blue Umbrella by F12.net
BDO contact for this transaction MAURO JOHASHI Partner mauro.johashi@bdo.com.br
BDO contact for this transaction JAMIEWINDLE Partner jwindle@bdo.ca
INTERNATIONAL SNAPSHOTS 2022
INTERNATIONAL SNAPSHOTS 2022
Made with FlippingBook HTML5