Carne Group’s Acquisition of AMX

McCann FitzGerald advised Willis Towers Watson and AMX on the deal. Matheson advised Carne Group

Carne Group, a provider of third-party management company services – known as ‘ManCos’ – is to acquire The Asset Management Exchange (AMX) from Willis Towers Watson (WTW) for an undisclosed sum.In turn, WTW will take a minority stake in Carne, which it said will add “scale and growth opportunities” to its own client solutions platforms.The transaction, which is subject to regulatory approvals, is expected to close in the second quarter of 2022.

The Team was led by Mark White (Picture), Iain Ferguson Eleanor MacDonagh and Ben Gaffikin and also included Morgan Dunne, Elizabeth Maye, Saibh Hurley and Tim McGuinness.

The Matheson team was led by partner Caroline Kearns, alongside Eugene Reavey, Donal Feehan, and Eoin Shiel from our Financial Institutions Group, together with partners Kevin Smith (Tax), Anthony Gaskin (Asset Management), and Niamh Mulholland (Financial Regulation).

Involved fees earner: Anthony Gaskin – Matheson; Caroline Kearns – Matheson; Eugene Reavey – Matheson; Eoin Shiel – Matheson; Kevin Smith – Matheson; Morgan Dunne – McCann FitzGerald; Iain Ferguson – McCann FitzGerald; Ben Gaffikin – McCann FitzGerald; Eleanor MacDonagh – McCann FitzGerald; Elizabeth Maye – McCann FitzGerald; Mark White – McCann FitzGerald;

Law Firms: Matheson; McCann FitzGerald;

Clients: Carne Group; Willis Towers Watson PLC;

Giulia Di Palma

Author: Giulia Di Palma