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Eversheds Sutherland completes significant outsourcing for TSB Bank Plc

  • United Kingdom
  • Global

    22-10-2018

    Eversheds Sutherland has successfully completed a significant outsourcing of TSB Bank Plc’s facilities management services across its entire UK portfolio.

    The global legal practice assisted TSB with all the legal aspects of the outsourcing, including a new five-year contract for the provision of facilities management services with ISS Facility Services Limited. The contract has the potential to be increased for a further four years.

    The Eversheds Sutherland team was led by Partner Alison Brearey with support from Senior Associates Ed Tompkin and Aaron Hulston and Trainee Solicitor Amy Bagni. Senior Associate Emma Stevens provided additional advice on the HR aspects of the deal. The team worked closely with the TSB operational and legal teams to draft and negotiate the agreement and provided ongoing legal advice throughout the project.

    Alison Brearey, commented:

    “We are delighted to assist a valued client. This is a significant outsourcing project in which our team worked incredibly hard to close the deal successfully within required deadlines. We look forward to working with both TSB and ISS in the future.”

    Helen Hughes, Head of Facilities Management at TSB, commented:

    “The Eversheds Sutherland team provided strong commitment and worked well together with the ISS team in ensuring the project completed within desired timescales. Their technical expertise and sector knowledge in resolving some complex issues was impressive.”

    David Dew, Senior Lawyer in TSB’s Commercial Legal Team, commented:

    “It was a pleasure to work with the Eversheds Sutherland team on this project. Operating to an ambitious timetable, a strong level of commitment and pragmatic approach was demonstrated across the board in order to drive the deal to a successful conclusion.”

    Disclaimer

    This information is for guidance purposes only and should not be regarded as a substitute for taking legal advice. Please refer to the full terms and conditions on our website.

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