Osborne Clarke LLP advises a subsidiary of Wilmington plc on the sale of its financial training business, AMT, for £23.4 million

Osborne Clarke LLP has advised a subsidiary of Wilmington plc, the provider of data, information, education and training in the global Governance, Risk and Compliance markets, on its agreement to sell its financial training business, AMT, for £23.4 million to StreetMasters Intermediate, Inc, a US holding company of Training The Street, LLC.  The AMT business includes entities in Hong Kong, the USA and the United Kingdom.
 
The team was led by Edward Persse (Partner, M&A) who was supported by Senior Associates Andrew Carter (M&A), Oliver Woods (ECM), trainee Kristian Pickup (ECM), Partner Mathew Oliver (Tax), Senior Associate Helena Zaba (Tax) and Associate Director Simon Bollans (Commercial).
 
Edward Persse commented: "It's been a pleasure supporting the board of Wilmington.  The disposal of AMT is an example of how Osborne Clarke supports on strategic international M&A for listed groups." 
 
Osborne Clarke worked with Edmond Leung of Tanner De Witt in Hong Kong and Len Gray of Wiggin and Dana LLP in the USA.