Osborne Clarke advises Amey plc on sale of management services business

Matthew Lewis

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.