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
Managing a Merger
Introducing two law firms to each other then jointly engaged to manage a merger process, including use of our merger checklist and regulatory requirements
Research, advice and connecting a very profitable two equity partner firm with potential acquirers for a goodwill disposal. Including information provision. Engaged to complete deal with the preferred party
Research, advice and connecting a larger law firm with firms that may be a suitable match for merger / acquisition
Research, advice and connecting a two partner firm to potential merger partners
Search, contact, negotiations, deal structure through to completion of a disposal of a legal aid firm to a large legal aid specialist
PI Caseload Disposal
Introduction and arranging a deal for a large full service firm to dispose of their PI caseload and department
PI Caseload Acquisition
Introduction and arranging a deal for a national law firm to acquire part of the PI caseload of a smaller niche firm
Disposal negotiations for a three partner firm to a private equity backed consolidator, including EBITDA calculations for a multiple based approach
Valuation then Disposal Search
Valuation report then disposal search for a profitable niche law firm in Scotland
Disposal search, contacting, arranging, provision of information, negotiating and completing a disposal with goodwill of a large law firm to a national outfit
Identification of and contact with potential acquirers of a seven partner firm, including data room, provision of information and deal negotiation
Valuation for Acquisition
Valuation of a sole practitioner on behalf of a potential acquirer
Background deal advice for a successful three partner firm in their merger discussions with a large regional player
Detailed valuation reports for a medium sized law, estate agency and financial advisory business
Disposal / investment search for a large niche volume specialist
Preparation of a detailed information memorandum for a large law firm in connection with their potential disposal to a larger law firm
Acquisition search for a private equity backed national law firm consolidator
Advised a three partner niche law firm on their merger with a large international firm
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