Osborne Clarke advises Amey plc on sale of management services business

Published by

Peter Davison

Bristol-based lawyers at international legal practice Osborne Clarke have advised leading infrastructure services and engineering company Amey PLC on the sale of its management services business to infrastructure investment manager Civis PFI/PPP Infrastructure Fund.

A team at Osborne Clarke advised on the share sale of Amey Ventures Management Services Limited together with the associated project documentation and employment support.

Amey’s management services business operates numerous UK-based PFI/PPP special purpose companies (SPCs) for equity investors across a broad range of sectors including general management of the PPP/PFI concessions; financial management and funder compliance; lifecycle management; ESG advice and returns; and company secretarial services.

Civis acquired the business through its dedicated management services business Albany Infrastructure Management, a provider of general manager, financial control and company secretary services to PFI/PPP investments. Albany is a leading provider of general manager, financial control and company secretary services to PFI/PPP investments, one of a number of Civis’s investments.

Osborne Clarke’s team that advised Amey on the matter was led by partner and UK Head of Energy and Utilities Sector, Matthew Lewis, and corporate senior associate James Archer, who were assisted by partner Alistair Curzon and Caitlin Foley from the projects team and Jay Eng from the corporate team. Isobel Turner also provided employment support on the transaction.

Peter Davison

Peter Davison is deputy editor of The Business Magazine. He has spent his life in journalism – doing work experience in newsrooms in and around Bristol while still at school, and landing his first job on a local newspaper aged 19. By 28 he was the youngest newspaper editor in the country. An early advocate of online news, he spent the first years of the 2000s telling his bosses that the internet posed both the biggest opportunity and greatest threat to the newspaper industry and the art of journalism. He was right on both counts. Since 2006 he has enjoyed a career as a freelance journalist. He lives in rural Wiltshire with one wife, two children, and three cats.