Slater and Gordon Lawyers has announced today it plans to acquire the national law firm Fentons Solicitors, the largest specialist claimant law firm in the UK, with offices in London and Manchester.
On the day the publicly-listed company published its full year results, the firm also provided an update on its UK growth strategy.
The announcement of the acquisition of Fentons, follows the completion of Taylors Vinters (Personal Injury practice) last week and Goodmans which is due to be complete at the end of August.
Slater and Gordon Head of UK said the acquisition of Fentons, a nationally renowned personal injury firm, would see Slater and Gordon’s operations in the UK grow by approximately 280 staff.
Slater and Gordon Head of UK said: “The planned acquisition will help cement Slater and Gordon’s ambition to be one of the UK’s leading consumer law firms and it is a big part of a continued growth strategy.”
“We have substantially completed due diligence and executed formal business sale agreements and expect completion in October 2013. We believe Fentons is an ideal partner to move forward with our plans for strategic growth and to boost our presence in the UK. Both firms are focused on delivering high quality affordable legal services to every day people.
“This is an exciting time for Slater and Gordon as we move towards being able to bring our legal services and expertise to more people. The expansion of our personal injury team will significantly increase the number of people that we are able to help secure compensation for their injuries and help them get back on their feet.”
Fentons Solicitors Senior Partner said, “Today is a historic day for Fentons Solicitors LLP and we are delighted to confirm that we have agreed to join Slater and Gordon and form one of the largest claimant law firms nationally.
“Our organisations have much in common, both have forged reputations in fighting for justice for the victims of industrial disease, workplace accidents, and clinical negligence. At a time when Government reforms are putting greater pressure on claimants and their lawyers, we feel by combining our talents, we will be able to serve our clients and articulate their causes better.”
Today it was announced to the Australian Securities Exchange (ASX) that due diligence had been substantially completed and formal business sale agreements had been executed with Fentons Solicitors.
Read the ASX announcement click here
Slater and Gordon are a leading personal injury law firm with 1,450 staff and offices in London, Manchester, Liverpool, Birmingham, Sheffield, Edinburgh, Cardiff, Milton Keynes, Merseyside, Bristol, Newcastle, Halifax, Wakefield, Cambridge and meeting rooms in Bramhall, Cheshire.