Thames Valley: BCMS manages sale of TPT to Amey

In a deal managed by Newbury-based BCMS, Amey, one of the UK’s leading engineering consultancies and major provider of public and regulated services, has acquired Travel Point Trading (TPT), a strategic asset management consultancy with a strong presence in the UK rail sector.

TPT provides unique consultancy and management services for commercial activities in the transport sector. The company enables facility owners to improve their revenue through maximising the value derived from their assets, in particular retail opportunities.

All of TPT’s employees will join Amey, including managing director Deborah Richards.

Mel Ewell, Amey’s chief executive, said: “The acquisition of TPT strengthens our end-to-end capabilities across the rail market and builds on our expertise in station design, operation and maintenance. We look forward to working closely with TPT’s established client base to maximise commercial opportunities and further enhance the overall passenger experience at stations across the UK.”

Richards says: “The sale to Amey will enable TPT to expand its business into new sectors and new areas. The synergies are beneficial to both parties.

“The process run by BCMS was extremely thorough and professional and was managed very well from start to finish. Our deal leader helped us through every stage, providing excellent support.”

BCMS’ James Pugh, who managed the transaction on behalf of TPT, said: “TPT is a profitable, specialist business that has developed an enviable reputation in managing, developing and improving the UK’s portfolio of stations.

“With a unique depth and breadth of knowledge in the rail industry, it was no surprise that there was significant interest in the company from a range of acquirer types. The merger of TPT into Amey will add value to both parties, and more importantly further improve services to end users. It has been an absolute pleasure working with both Travel Point Trading and Amey.”