Corview aims to expand on acquisition
Baker McKenzie has acted for infrastructure advisory firm Corview on its acquisition by global professional services firm RPS.
Firm: Baker McKenzie (Corview Group)
Deal: Baker McKenzie has advised Corview on its business and asset sale to UK-listed RPS group.
Value: $32 million
Key players: Baker McKenzie’s head of M&A in Australia, Richard Lustig, was assisted by lawyer Andrew Bubniw.
Deal significance: Corview is a leading provider of strategic advice for major infrastructure projects with Sydney and Brisbane offices, Baker McKenzie said, with services including strategy, planning, economics, investment and finance advice, transaction management and commercial and project delivery.
The UK-listed RPS is a global services firm encompassing more than 1,000 planning, design, environmental, project management and advisory specialists, a statement noted.
According to Baker McKenzie, the sale of Corview’s business and assets will allow the group to offer a broader range of consultancy services to its clients, while allowing RPS and its current clients to expand on Corview’s positioning and experience in a booming infrastructure market.
Baker McKenzie’s Richard Lustig said “the deal will result in a new RPS advisory team aimed at tackling one of Australia’s biggest challenges – infrastructure complexity.”
“We were delighted to act for our client, Corview,” he continued.