McLaren will form a strategic alliance with KPMG to draw together the world-leading predictive analytics and technology model of McLaren with the extensive audit and consulting capability of KPMG.
The 10-year agreement between KPMG and McLaren will bring together two powerhouses with the specialist knowledge that combined, has the power to radically transform audit, improving quality and providing greater insight to management teams, audit committees and investors.
The Osborne Clarke team was led by Commercial Partner Nick Johnson and Commercial Associate Director Anna Williams. They were assisted by Competition Partner Simon Neill, Commercial Associate Director Tom Harding and Associate Edwin Moore-Gillon. Osborne Clarke’s team advised KPMG on all aspects of the deal, including competition and regulatory issues, contract drafting, negotiation and IP ownership.
McLaren Group was represented by their Group Legal Director, Timothy Murnane.
John Buyers, Osborne Clarke’s KPMG client relationship Partner says:
“We’re so proud that we’ve helped one of our major clients in such a strategic way – we think this deal heralds a new dawn in data analytics management and commercialisation.”
Gerard Voogt, Commercial Director at KPMG says:
“Osborne Clarke has worked very closely with KPMG over the last 5 months on this project and was instrumental in constructing the legal contract we ultimately signed.”
McLaren has proven success in applying its expertise beyond motor sport. It has improved pharmaceutical R&D and manufacturing processes, created air traffic scheduling systems and worked with some of the biggest oil and gas companies to optimise production processes.