PMC Partners with BGF for Tech Expansion
Deal News | Jul 02, 2025 | Osborne Clarke
Osborne Clarke, an international legal practice based in Reading, advised BGF on its minority investment in PMC, a technology service provider. PMC, founded in 2001, is located in Abingdon near Oxford and delivers consulting, professional services, digital engineering, and managed services to over 120 clients worldwide. The company plans to establish a new global centre of excellence in Vadodara, India, expanding its workforce to over 1,000. The investment drive was headed by BGF's Reading team members Duncan Wade and Harry Kernick, who will aid PMC's leadership in executing a growth strategy. Shoosmiths' Reading office and FRP served as PMC’s advisors. Rob Hayes led the Osborne Clarke team on the legal advisory front, which included expertise from specialists across several legal domains. The collaboration exemplifies the robust advisory ecosystem in the Thames Valley’s tech sector, furthering PMC’s global reach and service development.
Sectors
- Technology Services
- Legal Advisory
- Corporate Finance
Geography
- United Kingdom – PMC is based in Abingdon near Oxford, and the advisory firms Osborne Clarke and Shoosmiths are located in Reading.
- India – PMC is expanding its operations with a new global centre of excellence in Vadodara, India.
Industry
- Technology Services – PMC provides consulting, digital engineering, and managed services to customers in retail, commerce, and technology sectors.
- Legal Advisory – Osborne Clarke and Shoosmiths provide legal advisory services to PMC and BGF for the investment deal.
- Corporate Finance – FRP worked as corporate finance advisors involved in the transaction.
Financials
- Not disclosed – The financial terms of the minority investment by BGF in PMC were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| BGF | Investor | Company | BGF provides growth capital for PMC's expansion. |
| PMC | Target Company | Company | Technology service provider partnering with BGF for investment. |
| Osborne Clarke | Legal Advisor | Company | Provided legal advisory to BGF for the investment deal in PMC. |
| Shoosmiths | Legal Advisor | Company | Acted as legal advisor for PMC in the deal. |
| FRP | Corporate Finance Advisor | Company | Provided corporate finance advisory for PMC. |
| BTG Advaya | Legal Advisor | Company | Assisted Osborne Clarke with Indian aspects of the deal. |
| Richard Lowe | Chief Executive of PMC | Person | Oversees PMC’s growth and strategic initiatives. |
| Rob Hayes | Corporate Partner at Osborne Clarke | Person | Led the Osborne Clarke legal team advising BGF on the investment. |