International legal practice Osborne Clarke LLP has advised RM plc, a leading supplier of technology and resources to the education sector, on the sale of its school Management Information System (MIS) business – known as RM Integris and RM Finance (along with RM Accounts and Access Education Budgeting) – to The Key Group for up to £16m in cash.
Osborne Clarke's UK-based Competition team advised RM plc on the investigation by the UK Competition and Markets Authority (CMA) and successfully obtained an unconditional Phase 1 merger clearance. The sale completed on 31 May 2023.
The Osborne Clarke Competition team that advised on the CMA investigation was led by Partner Simon Neill, who was assisted by Katherine Kirrage (Partner) and Joachim Piotrowski (Associate). The Corporate team that advised on the sale was led by Partner Jonathan King, who was assisted by Kate Mellor (Associate Director) and Oliver Woods (Senior Associate).
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