A growing listed legal services consolidator Knights has acquired a full service firm in the West Midlands for £12.5m.
The acquisition of Thursfields, who have offices in Birmingham, Kidderminster, Solihull and Worcester has added over 100 new employees to the legal conglomerate and has enabled Knights to make it’s mark on the West Midlands.
Recently, the firm has transformed itself from a traditional firm into a ‘corporatised provider of legal services with a national client base’.
Knights said the acquisition is well aligned with its growth strategy. Chief executive David Beech said: ‘We are delighted to acquire Thursfields, a premium, full-service law firm which shares many cultural and operational similarities to Knights, and significantly strengthens our position as a leading legal and professional services business in the West Midlands.
‘With particular strength in private wealth, it further enhances our expertise in an important and growing part of our business, which will support our future growth plans.’