14 JAN 2016
Amey has acquired Travel Point Trading Ltd (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.
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.”
Deborah Richards, managing director of Travel Point Trading, and now Non-Executive Director of CapEQ said: “Amey will enable TPT to offer a more comprehensive service to our customers on both estate management and consulting sides of the business. We are eager to enhance the quality and scope of services that can be provided.”Amey’s existing consultancy business has over 3,000 strategists, modellers, engineering design and asset management professionals. The acquisition broadens Amey’s expertise in the market and allows clients to make smart, informed decisions about their assets to not only maximise income opportunities, but also helps improve the overall passenger experience. There are a number of opportunities to utilise the expertise from TPT and enhance Amey’s existing services across airports, highways and light rail sectors.
SUBSEQUENTLY THE SHAREHOLDERS OF TPT COMMENTED:
“Our business was very niche and our exit required a carefully thought through bespoke approach. James managed the sale and the shareholders with calm and definite advice throughout.
We achieved an excellent result that matched the differing exit needs of all 6 shareholders and ensured the business could continue to grow and succeed in the new corporate environment.
There is no doubt whatsoever that James enhanced every aspect to the often difficult technical and emotional journey that we as business owners had embarked upon”
Further Completed M&A Deals – Companions Homecare Acquired By August Private Equity