Listed Firm Expands Midlands Presence With Latest Acquisition
The move sees the AIM-listed firm grow its Birmingham base to 56 fee-earners.
January 06, 2020 at 04:44 AM
2 minute read
Listed U.K. law firm Knights is to acquire a 24-lawyer Birmingham-based litigation firm.
The move sees Knights add to ERT Law its growing repertoire of recent acquisitions. The firm announced it will acquire the full share capital in ERT Law from its three shareholders for £1.8 million.
The consideration comprises of £900,000 in cash, payable on completion, and the issue of a further £900,000 in 262,899 new ordinary shares in Knights to the selling shareholders. Completion is expected to take place on 17 January 2020.
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