CASE STUDY: £13 million Acquisition
of Pryers Solicitors

Wilson Henry Corporate Finance assisted PURE Legal Limited in the acquisition of Pryers LLP, who are now part of the PURE Legal Group.

The deal has been concluded for consideration of £13m in cash, with an initial cash payment, and the balance deferred, with the current management team remaining in place for a minimum period of 3 years.

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“This is our first major acquisition and forms an integral part of our future strategy. Clinical Negligence and Product Liability are both areas of work in which we wish to expand, and Pryers LLP are considered one of the top firms in the UK who specialise in these areas of work… Our strategy is to acquire and collaborate with firms who have the necessary skill sets and experience in areas of legal work we wish to expand into and to couple that with organic growth as we deliver our initial 5 year plan.

I would like to place on record my sincere thanks to our accountants, Wilson Henry... for their hard work and diligence in bringing this deal together, for their work on the deal."

PURE Legal Limited CEO, Phil Hodgkinson

OUR SOLUTION

Wilson Henry assisted in Financial and Tax Due Diligence in the transaction and continue to provide Advisory and Compliance Services to the Pure Legal.