Knights Group expands national reach with £8.28m law firm acquisition
Legal and professional services business Knights Group Holdings has expanded its national reach with the acquisition of an East Midlands law firm.
The Surrey-based company has announced the exchange of contracts to acquire Fraser Brown Solicitors, which is based in Nottingham, for a total consideration of £8.28m.
The acquisition is the latest in the firm’s wider growth strategy, which has seen it recently acquire three other firms.
Commenting on the acquisition, David Beech, CEO of Knights, said: “We are pleased to announce the agreement to acquire Fraser Brown, one of the largest independent law firms in Nottingham, a key city for business in the East Midlands.
“With its local and national client base and broad spectrum of work, the combination of Fraser Brown with our existing presence in the East Midlands will position us as one of the leading legal and professional services firms in the region.
“We are delighted to build on our strong momentum following the three acquisitions announced in the period to date, which is a testament to Knights’ ability to attract high calibre businesses to the group.”
Patrick Wood, chief executive of Fraser Brown, added: “With its ambitious culture and strong reputation, we see Knights as a good match for us.
“Having expanded recently, we look forward to continuing to grow our presence in the East Midlands as part of a larger group.”
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