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New Deal


Announced

Knights Group to acquire Fraser Brown Solicitors for £8m.

Financials

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Transaction Value£8m
Consideration TypeOrdinary Shares, Cash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales1.1x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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legal services

Private

Management Consulting

Pending

Acquisition

Single Bidder

Majority

United Kingdom

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Synopsis

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Knights Group, one of the UK's fastest growing legal and professional services businesses, agreed to acquire Fraser Brown Solicitors, a full-service law firm in Nottingham, for £8m. "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," David Beech, Knights CEO.

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