Armstrong Watson offer a proactive Mergers and Aquistions service specifically for the Legal Sector. Every two months we prepare and circulate a list of firms looking to acquire others, to merge or to be sold. We identify firms that match the criteria set out by those we know are seeking such amalgamations.
Armstrong Watson will manage the process:
A proactive mergers and acquisitions service
All law firms of all sizes in all locations
Dependant on individual circumstances
Discovery meeting. Delivery of selected services as set out above. Meetings with clients and their merging party.
Bespoke fee options agreed at the outset.
Dependant on individual circumstances
Appointed by a large full service firm to actively identify and pursue acquisition targets throughout the North.
Appointed by a three partner firm in their disposal to a local competitor. Included valuation, negotiation and tax structuring advice.
Time sensitive sale
Appointed by a struggling ABS that need to maximise value quickly. Lead advisor on the entire process including price negotiation, heads of terms and SPA advisory.
Appointed by two senior partners when the “future plan” unexpectedly left the firm. Included marketing for sale and advice on valuation and tax structuring.
Appointed by a medium sized firm in their search for a willing acquirer having exhausted all local options. Included production of an information memorandum, marketing for sale and advice on valuation
Appointed by a medium sized firm in their potential disposal to a consolidator. Including valuing, negotiating and reverse due diligence.
Appointed by a three partner firm to find potential acquirers and then manage their entire sale process.
Advised a large niche law firm on their sale to a larger investor backed ABS. Including structure advice; valuations; negotiating; and reverse due diligence.
Advised a three partner firm on their potential disposal to a larger firm. Including advice on the structure of the sale and acting as lead negotiator.
Advised a large specialist clinical negligence firm on their multi-million £ disposal to a new entrant. Including advice on the structure of the sale the preparation of a tax report; negotiating;and interacting with legal advisors.
Preparation of an information memorandum to aide the sale of a sole practitioner.
Advised a large law firm on the disposal of their PI department. Including valuing and method of pre LASPO WIP transfer.
Advised on valuation methods for a large firm
Advised a three partner practice on the acquisition of a sole practitioner.
Appointed jointly by two three partner firms to manage their entire merger process in a smooth manner. Including financial modelling.
Arranged the part disposal of WIP by a department within a 21 partner practice.
Advised a sole practitioner selling his practice to a larger firm upon retirement. Valuation undertaken. Contract terms reviewed, implications advised.
Practice Valuation and Sale Advice
Advised a sole practitioner on the sale process of his practice to a large regional firm including negotiation on terms and value.
Advised on the acquisition of a four partner firm for a large regional law firm including preparation of a detailed due diligence report.
Having faced a number of approaches from law firms and companies over the years to acquire Pryers, it was important for us to wait patiently for the right opportunity with the right company to forge ahead with. Pure Legal undoubtedly presents that opportunity and I am delighted to get this deal over the line and I look forward to working with Phil and his team. Thanks to our Accountant, Andy Poole and his team from Armstrong Watson, for their diligent work. We were genuinely impressed with their advice and representation.
Ian Pryer, Managing Partner, Pryers LLP
To find out more about how we can help you or your business, contact one of our Legal Sector Specialists above.