By John Hyde2021-03-16T16:57:00+00:00
An emerging Yorkshire powerhouse has announced a second merger in four months – and appears to be bucking the trend of acquisitions grinding to a nine-year low.
Switalskis Solicitors confirmed this week it had acquired York-based Pryers Solicitors from Pure Business Group for an undisclosed sum. The 70 lawyers and support staff from Pryers will become part of the Switalskis group but continued to trade under their existing brand.
The move comes after Switalskis bought Doncaster firm Atherton Godfrey in December and creates a business with a combined turnover of £25m and 12 offices across Yorkshire. The enlarged business now employs around 450 people.
Law firm mergers have fallen to a nine-year low, as the economic downturn brought about by the Covid-19 pandemic has left consolidator firms wary of making acquisitions.