London – Mayer Brown has advised UK-based investment firm Inspirit Capital on its acquisition and carve-out of Watson Fuels, one of the UK's leading fuel distribution businesses, from World Kinect Corporation.
Watson Fuels has a long-established reputation as a trusted provider of fuel, lubricants, and other energy solutions to a diverse customer base, including homeowners, small businesses, large corporates, and the agricultural sector. With a nationwide distribution network and revenues in excess of £1.5 billion, the company is recognised for its reliability, customer service, and innovation in fuel logistics.
Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company's strategic objectives and require a different ownership structure to achieve their full potential.
Mayer Brown also advised Inspirit Capital on its carve-out of emerging talent and reskill training company mthree (formerly Wiley Edge) from NYSE-listed Wiley in Q2 2024.
The team was led by James West and Priyanka Patel (Corporate) and included Banking & Finance partners Ravi Amin and Nanak Keswani and associate Veronica Lee, Tax partner Ben Eaton and associate Jack Feehan, Antitrust & Competition partner Mark Hills, senior associate Kathryn Lloyd and associate Liam Boylan, IP partner Oliver Yaros and associate Alasdair Maher, Real Estate partner Iain Roberts, Environment partner Tim Baines and consultant Michael Hutchinson and Restructuring partner Sheena Frazer.