Firms swept up as consolidators splash the cash : comparemel

Firms swept up as consolidators splash the cash


Law firm consolidators have made significant acquisition moves.
Listed firm Knights plc revealed it had agreed to buy Sheffield practice Keebles LLP for £11.5m, taking on 138 fee-earners when the deal is completed on 11 June. The 10 Keebles equity partners will share £5m in cash upfront and receive 800,000 shares worth £3.5m. Further cash payments amounting to £3.13m will be paid in instalments over the next two years.
Knights has now bought 13 firms in the past three years, committing more than £40m in upfront payments.
National firm Metamorph Group, which promotes itself as a legal practice consolidator, acquired Southampton-based Beeton Edwards, having already integrated three other businesses in the last year.

Related Keywords

Manchester , United Kingdom , London , City Of , Tony Stockdale , Metamorph Group , Southampton Based Beeton Edwards , மான்செஸ்டர் , ஒன்றுபட்டது கிஂக்டம் , லண்டன் , நகரம் ஆஃப் , டோனி ஸ்டாக்‌டேல் ,

© 2025 Vimarsana