Birketts advises Foresight Group on £5 million investment in AmWorld Holdings Limited
22 November 2023
Birketts has advised Foresight Group on its £5 million investment in AmWorld Holdings Limited.
Foresight Group is a sustainability-led alternative assets and SME investment manager. The company manages £12.2 billion for some of the world’s largest institutional investors, private and high net-worth individuals. In 2019, Foresight launched it £100m East of England Fund with the aim of investing into established companies with a view to developing management and deliver a growth strategy.
AmWorld is an outsourced ‘white-glove’ logistics provider offering courier, freight, logistics and storage services to a loyal base of approximately 600 clients across a range of industries; with the most significant markets being video games and electronics, advertising and marketing and IT services, within the UK market and internationally.
The Birketts team was led by Ed Savory (Partner, Corporate) and Adam Jones (Partner, Head of Private Equity) and supported by Macauley Alsford (Solicitor, Corporate), Harry Close (Solicitor, Corporate), Matthew Grindley (Senior Associate, Commercial Property), Charles Thackeray (Solicitor, Commercial Property), Jamie Coulthard (Senior Associate, Commercial Property), Benjamin Lewins (Associate, Employment), Robbie Watson (Senior Associate, Corporate Tax), and Georgina Perrott (Senior Associate, Commercial and Technology).
Robbie Gallagher, Senior Investment Manager at Foresight said: “AmWorld has long-standing client relationships and a great reputation for exceptional service, which provide a great foundation for ongoing success.
Our thanks to the Birketts team for helping us navigate this transaction and secure the best outcome to ensure Foresight’s continued growth.”
Commenting on the deal, Ed Savory, Partner at Birketts said: “Birketts is delighted to have had the opportunity to advise on another investment by Foresight. It has been a pleasure working with Robbie and his team, and I have every confidence that the investment in AmWorld will be yet another successful step for the company.”
Adam Jones, Head of Private Equity at Birketts added: “Private Equity advice is an important part of our Corporate work, and to continue to be trusted by Foresight to advise on its investments in the East is a real privilege, and it’s a pleasure to continue to be trusted by the Foresight team.”