Interserve, Photographer: Chris Ratcliffe/Bloomberg

Slaughter and May and Linklaters have won roles to act on the £271 million acquisition of outsourcing company Interserve by rival Mitie.

Both Interserve and Mitie are facilities providers for the U.K. government and private sector businesses. The merger would create the largest facilities management company in the U.K. and employ more than 75,500 people, Interserve said in a statement.

Interserve said: "We anticipate significant opportunities to support U.K. Government in the recovery from the COVID-19 pandemic through the provision of apprenticeship and skills training and in expanding care at home provision as an alternative to residential care."

Linklaters is fielding a team for Mitie headed up by corporate partners Owen Clay, Tom Thorne and Jonathan Sadler.

Slaughter and May is advising Interserve with a team led by corporate partners Michael Corbett and Natalie Cook, alongside restructuring partners Ian Johnson and Susan Hughes.

In its statement, Mitie said that the deal will help Mitie to solidify its position as a leader within the outsourcing industry as others battle with the impact of the coronavirus pandemic on their businesses.

Several M&A deals have fallen through as a result of the uncertainty caused by the coronavirus pandemic that hit the U.K. in March, with many companies looking to shore up their finances rather than undertake mergers.

Earlier in June, the C$2.8 billion sale of Canadian company Cineplex to Cineworld fell through as a result of COVID-19.

However, Slaughters took another M&A mandate in June to advise on the merger between food delivery company Just Eat and Takeaway.com.

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