Travers, Eversheds lead on Lyceum's sale of business to RWE
Travers Smith and Eversheds have advised on Lyceum Capital's sale of Superior Plumbing Installations (SPI) Group to gas and electricity provider RWE npower. The deal, for an undisclosed sum thought to be worth £50m-£60m, saw Travers advise Lyceum and Eversheds advise RWE npower as it seeks to diversify its services. Private equity head Phil Sanderson and tax partner Kathleen Russ led the Travers team for Lyceum, while Birmingham corporate partner Keri Rees led for Eversheds.
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