Secondary Markets

Back to Infrastructure & Projects

Our PFI/PPP Secondary Markets Infrastructure Team advises buyers and sellers, including sponsors and specialised infrastructure and pension funds, on single asset or portfolio transactions. Our team is led by M&A lawyers who specialise in infrastructure and who work alongside our specialist PFI/PPP projects and finance lawyers.

Having been embedded in this sector for over 10 years creating new acquisition structures, we understand your specific issues for a transaction and provide innovative solutions to address each one. These may range from issues relating to firestopping, to navigating lenders and authorities and obtaining consents and/or waivers for the transaction itself, or technical breaches of a project agreement.

As the PFI/PPP market expands internationally, the UK-based team works in partnership with international colleagues to advise clients on their international infrastructure portfolios.

"The CMS team has a can-do attitude, providing a balanced and considered opinion to get deals agreed."

Legal 500, 2022

"CMS always provide a very collaborative approach to commercial matters, ensuring areas of contention were resolved to our satisfaction."

Legal 500, 2022
High­lights of our ex­per­i­ence in Sec­ond­ary Mar­kets in the UK
John La­ing on the dis­pos­al of its en­tire in­terest in a port­fo­lio of pro­jects in­clud­ing North Birm­ing­ham Men­tal Hos­pit­al to JLIF.The dis­pos­al of in­terests in Sur­rey Street Light­ing (50%) and Kirklees Hous­ing...
Ad­vising the Board