International legal practice, Osborne Clarke, has advised Wilmington plc ("Wilmington"), the provider of data, information, education and training services in the global Governance, Risk and Compliance ("GRC") markets, on its acquisition of Astutis Limited ("Astutis") for a total consideration of up to £21.5 million.
Astutis, which offers training for a range of globally recognised and regulated health, safety and environmental qualifications, strengthens Wilmington’s portfolio of GRC training and education solutions by expanding its capabilities into the health, safety and environmental markets. Wilmington has acquired Astutis for an initial consideration of £16.8 million, with contingent consideration of up to £4.7 million.
Osborne Clarke's Corporate team is considered a go-to practice for many companies, working with global businesses in a range of sectors including retail and consumer. The team advises at every stage of company development across all corporate issues, from equity and debt fundraisings to M&A, IPOs and JVs.