Thu, 07 Sep 2023 | MERGER
Irwin Mitchell and Scottish law firm Wright, Johnston & Mackenzie have combined, creating a partnership that will operate from more than 20 locations across Britain. Wright, Johnston & Mackenzie is a full-service firm working in a range of industries, including corporate, family law, commercial property, tax, planning and advertising.
The company specialises in corporate, property, private client and asset management, operating from offices in Edinburgh, Glasgow, Dublin, Inverness, Dunfermline and Dunblane. This will significantly expand Irwin Mitchell’s Scottish presence and service offering, with Irwin Mitchell Scotland currently operating from Glasgow and working predominantly in banking, finance and personal injury.
The deal will also see Wright, Johnston & Mackenzie’s customers benefit from the full suite of legal and financial services that Irwin Mitchell already provides across England and Wales. Furthermore, the combination means the two now have access to over 200 jurisdictions worldwide through membership of several international law firm networks.
Irwin Mitchell group Chief Operating Officer Craig Marshall, who will join the newly constituted Wright, Johnston & Mackenzie management board alongside Irwin Mitchell partners Bruce Macmillan and Mark Higgins, said the two firms had “a great cultural fit and share a similar purpose, values, and future vision.”
Marshall continued: “We have ambitious plans for growth, and we are both focused on building on our client-centric approach, an excellent colleague experience and an ambition to become leading responsible businesses.”
"This strategic investment significantly expands our access to Scotland and Irwin Mitchell and Wright, Johnston & Mackenzie believe it will fundamentally enhance the service for current and future clients across the whole of the UK and internationally."
Wright, Johnston & Mackenzie Managing Partner Fraser Gillies, who will continue to lead the business post-completion, added: "This is a landmark moment for our firm. We have expanded considerably over the past decade and this investment will supercharge our growth efforts and provide a clear route into England and Wales, while broadening the services we can offer our clients.”
This deal comes amid an increase in M&A activity in the UK's legal sector - Find our more in this recent in-depth analysis
With succession planning in place, this is a great opportunity to gain a presence in Scotland with qualified advisers and back-office support.
Opportunity to acquire a single adviser FA, this practitioner has 140 households so you will be managing profitable clients.
A highly aligned business with three providers mostly used means integration will be smooth, reducing the cost of the acquisition.
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