Dechert Advises Hunt Companies and Amber Infrastructure on Strategic Transaction with Boyd Watterson
Dechert advised Hunt Companies (Hunt) and Amber Infrastructure Group Holdings Limited (Amber) on a strategic business combination with Boyd Watterson Asset Management, LLC (Boyd Watterson), a leading real estate and fixed income investment manager. As an investor in both companies, Hunt facilitated the transaction.
Hunt is a Texas-based family owned principal investment firm with interests in real estate, infrastructure and financial services. Amber is a London-headquartered specialist international investment manager focused on investment origination, asset management and fund management.
The businesses will combine under a common parent company to form a global diversified real estate, infrastructure and fixed income asset management company. Through its operating subsidiaries, the new entity will be a premier global alternatives investment manager with over 300 investment personnel. It will operate offices in eight U.S. cities and have a presence in 12 countries, managing approximately US$35.7 billion in assets.
While the financial terms of the transaction have not been disclosed, existing shareholders in Boyd Watterson and Amber will maintain shareholder status in the newly combined company.
The transaction will provide Amber with greater scale to expand its global infrastructure business, including U.S. infrastructure opportunities, while offering new opportunities for Boyd Watterson’s clients.
The cross-border team that advised Hunt and Amber included corporate partners Douglas Getter, Michael Darby and Ross Montgomery, and associates Remington Shepard, Yasmin Yavari and Rose Limaye, as well as financial services partner Christopher Gardner and tax partners Joshua Milgrim and Daniel Hawthorne.
About Dechert
Dechert is a global law firm that advises asset managers, financial institutions and corporations on issues critical to managing their business and their capital – from high-stakes litigation to complex transactions and regulatory matters. We answer questions that seem unsolvable, develop deal structures that are new to the market and protect clients' rights in extreme situations. Our nearly 1,000 lawyers across 20 offices globally focus on the financial services, private equity, private credit, real estate, life sciences and technology sectors.