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Newbury: CL&M advises MBO of business consultancy

10/11/2011

Thames Valley law firm Charles Lucas & Marshall’s corporate services team has advised on the UK management buyout of US business consultancy RWD Technologies.

The MBO team has acquired the UK business and set up a new company, CLM Performance Solutions.

The business will provide services related to enterprise learning, organisational strategy and sales force enablement.

Rupert Wright, of Charles Lucas & Marshall, advised on the MBO which involved the transfer of various assets, goodwill, intellectual property and assumed contracts to the new UK business.

RWD is based in Baltimore, Maryland and has offices in Europe and North and South America.

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