- "In the last 20 years our business has changed considerably…and as the focus of our business has changed, Bird Luckin have moved with us."
Alex Tanner, George Tanner (Shalford) Ltd - "Bird Luckin has looked after us incredibly well for over 60 years, they are pro-active and innovational - meeting all our needs to help us achieve our aims."
Richard Stubbings, Cliffords Limited - "I can honestly say that Bird Luckin are the best firm of accountants and auditors I have ever dealt with - and I don't say that lightly!"
Colin Webb, Walthamstow Stadium - "It's important for us to know that we will always be able to contact the right people to give us the right advice and support."
Jane Bennett, Bennetts Funeral Directors - "Although we deal mainly with one Partner … we also know that if we need to contact someone else who is a specialist in another area, we can get the advice we need quickly and easily"
Jeremy Ruggles, J.S. Wright & Sons Ltd - "Bird Luckin got us to a stage which would have taken us months - if not years - to reach on our own, and they got us there in a matter of weeks"
Matthew Sullivan, SNC Ltd - "You can be a good accountant, but if you don't have an understanding of the industry it can be very difficult. "There are two or three people we have regular contact with at Bird Luckin who know our business well, and it makes a difference.""
Robert Church, W A Church (Bures) Ltd - "The work which Bird Luckin has done for Boddingtons over the past few months has helped shape our future direction for the better."
John Warner, Chief Executive, Boddingtons Ltd - "Bird Luckin has acted for us since our inception 10 years ago. They have a very 'can do' yet highly professional attitude - we are very appreciative of their support and advice over the years."
Marlon Fox, Outlook Property Ltd
Bird Luckin corporate finance team aid Air Livery's completion of Sprayavia takeover - case study
A Norwich-based company has become one of Europe’s largest independent operators of aircraft repainting and refinishing services after it bought one of its rivals.
Air Livery plc has expanded its European market share to more than 70 per cent after buying Sprayavia for an undisclosed sum.
The deal means the acquirer will now operate from more sites throughout the UK and will look to move into the corporate and VIP aircraft markets in the US, Russia and the Middle East.
Air Livery managing director Adrian Tucker said the acquisition introduces the possibility of winning new contracts. “The extra operational capacity that this brings to the company allows us to pursue opportunities with larger fleet operators and diversify our revenue stream.”
The transaction was funded by Royal Bank of Scotland (RBS), which provided debt and working capital. RBS appointed a team at Bird Luckin to manage a financial due diligence review of the target business before it agreed to finance the deal.
Its team was led by directors David Enser and Sarah Cruise, who led teams working with the acquirer and the vendor as they were competitors.
Enser, who led the team advising Air Livery, said the assignment needed to be completed to an exacting timetable.
“We believe the acquisition of Sprayavia represents a tremendous opportunity for Air Livery to consolidate its position as the leading independent aircraft refinisher in Europe and to take advantage of the potential synergies, which should accrue as a result of combining these two businesses,” he added.
Air Livery works on some 200 aircraft a year from its sites in Southend, Bristol, the East Midlands Airport and Cambridge. It has contracts with operators, such as Alitalia, Aer Lingus, easyjet, Swiss International, Virgin Atlantic and Emirates Airlines.
Sprayavia, which is based at Norwich International Airport, operates three temperature and humidity controlled centres for aircrafts up to Boeing 757 size.
Meet our expert in this field - David Enser
Or for more details see our Corporate Finance page of the website