Amey acquires Travel Point Trading
Amey plc, one of the UK’s leading engineering consultancies and major provider of public and regulated services, has acquired Travel Point Trading Ltd (TPT), a strategic asset management consultancy with a strong presence in the UK rail sector. BCMS advised the shareholders of TPT on the transaction.
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.
“I like the culture of BCMS; it has values and ethics” – Deborah Richards, TPT
At the time of the transaction, which completed in 2016, 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.”
Commenting on BCMS’ role in the transaction, TPT’s Managing Director Deborah Richards said: “The process run by BCMS was extremely thorough and professional and was managed very well from start to finish. Our lead advisor helped us through every stage, providing excellent support.
“I have no qualms, no hesitation in recommending BCMS. I like the culture of the organisation and I like the fact that it’s got history; it has values and ethics. The fact that companies come back to BCMS has got to be a good testament really, hasn’t it?”