Travers Smith LLP has advised Northleaf Capital Partners on its acquisition of a majority interest in Uber Boat by Thames Clippers, London’s leading river boat service, from AEG, the world’s leading sport and live entertainment company.
Uber Boat by Thames Clippers, London’s fourth mode of transportation, is integrated into the Transport for London ("TfL") network with a shared ticketing system and a diverse ridership base. It operates a fleet of 21 purpose-built vessels, supported by pier network and dry-dock facilities and has a 20-year track record of organic growth through route and fleet expansion.
Northleaf’s acquisition brings new investment to support Uber Boat by Thames Clippers’ ambitious plans to deliver sustainable growth, enhanced infrastructure and greater economic development on and around the River Thames.
The Travers Smith team was led by Corporate Partner Mohammed Senouci, with support from Senior Counsel Mark Anderson, Senior Associate Tara Gazzard and Associate Fergus Macleod. The team were supported by Commercial Partner Richard Brown, Senior Associate Michael Ross and Associates Andy Maxwell and Nick Brady, Tax Partner Hannah Manning and Associate Rob Smith, Risk & Operational Regulatory Group Senior Counsel John Buttanshaw and Associate Alexandra MacBean, Real Estate Senior Associate Claire Parker, Employment Senior Associate Katy Carr and Associate Harry Wade and Pensions Associate Elliot Pulver.
AEG were advised by Hogan Lovells, and management were advised by Squire Patton Boggs.
