BMT Tax Depreciation
“We have invested in two businesses where we have partnered with Yorkway Partners. Yorkway’s strategic and commercial expertise adds value in identifying and growing good businesses and I like that they always invest alongside us and help build and deliver the strategic plan.”
BMT Tax Depreciation - 2015
BMT Tax Depreciation is Australian’s largest provider of tax depreciation schedules for residential and commercial property investors, providing over 50,000 depreciation schedules per annum to property investors.
Yorkway originated the transaction and together with CHAMP Ventures acquired 65% equity from exiting non-management founders to support management in their growth and diversification plans.
Yorkway exited this investment in 2022 with returns adversely impacted by delayed exit due to COVID, delivering a gross IRR and MoM of 20% and 2.3x respectively.