Wed, 25 Sep 2013 | BUSINESS SALE
A pre-pack administration deal has seen North West law firm Linder Myers Solicitors acquire Dickson Haslam.
Begbies Traynor partner Paul Stanley handled the insolvency and the sale along with Dean Watson from the firm's Manchester office.
The acquisition went through for an undisclosed sum, with the new owners taking on Dickson Haslam's business and its strong reputation.
Bernard Seymour, managing partner with Linder Myers, commented: “Dickson Haslam has gained an enviable reputation for providing quality legal services in Lancashire with a long history in the region. I am pleased to welcome the new teams to the business and look forward to building on our combined strengths as we continue to grow the practice.”
Joint administrator Mr Stanley explained that Dickson Haslam was hit by funding pressures and economic conditions. He told TheBusinessDesk.com: “The firm is one of many smaller legal practices that is struggling. Along with funding pressures, there is a lot of competition from major brands and there isn't the volume of work any more.”
Dickson Haslam is the latest in a string of acquisitions made by Linders Myers. The firm bought SNG Commercial in Manchester in a pre-pack in October 2012 and Rowlands Field Cunningham in late 2011.
__________________________________________________________________________
Related information:
View the latest distressed businesses
Find distressed business opportunities at the right time
Once a thriving online garden centre started in 2018, after an internal dispute the business stopped trading in 2022. In a space of just 3 years the business achieved £500k in turnover. This is a perfect opportunity for someone looking for a new...
Presenting an opportunity to acquire a very profitable plumbers and heating merchants business operating nationwide.
Popular and well-regarded Sushi and Ramen restaurant and takeaway, which is situated in a prime city centre location in Norwich. The premises are set over three floors and are presented to an extremely high standard throughout and offers the opportun...
LEASEHOLD
26
|
Apr
|
Major double glazing firm Everest enters administration | ADMINISTRATION
Everest, one of the largest providers of double-glazing in t...
26
|
Apr
|
Kent-based scientific consultancy sold to US firm | BUSINESS SALE
A4P Consulting Limited, a scientific consultancy company hea...
25
|
Apr
|
Ambulance services provider acquired in pre-pack deal | BUSINESS SALE
Elite Emergency Medical Services Ltd (Elite EMS), an ambulan...
12
|
Dec
|
Begbies Traynor acquires property auctioneers at 6.5x profits | BUSINESS SALE
Begbies Traynor has continued its acquisitive growth strateg...
11
|
Dec
|
Begbies targets more acquisitions and expects insolvencies to rise further | BUSINESS NEWS
Professional services firm Begbies Traynor Group has said it...
08
|
Nov
|
Begbies Traynor acquires Bristol chartered surveyor at up to 4x profits | BUSINESS SALE
Financial services firm Begbies Traynor has acquired Bristol...
Business Sale Report is your complete solution to finding great acquisition opportunities.
Join today to receive:
All this and much more, including the latest M&A news and exclusive resources
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.