Merger Watch

london Thames Parliament Big Ben Westminster
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Disgruntled ex-Davenport Lyons employee vandalises office

A “disgruntled” employee of legacy Davenport Lyons is understood to have vandalised the firm’s office after being told the firm had gone into administration. The unknown former staff member is believed to have gone on a rampage and damaged furniture in the building on 6 Agar Street after staff were told that their employer was […]

Graham

Legacy LG loses entire Tite & Lewis team as remaining two quit for Wedlake Bell

Legacy Lawrence Graham (LG) has lost the final two partners who joined the firm from legacy Tite & Lewis in 2004, with head of corporate finance Christopher Tite leaving the firm for Wedlake Bell. Tite and real estate partner Louise Gowman started at Wedlake Bell earlier this month, as LG combined with Wragge & Co […]

London

Berrymans Lace Mawer scraps brand as HBM Sayers merger goes live

Berrymans Lace Mawer has scrapped its brand in favour of BLM as the insurance firm completes the takeover of Scottish firm HBM Sayers today. The acquisition was announced in March and will give BLM its first presence in Scotland with the addition of HBM’s offices in Glasgow and Edinburgh. HBM’s small London office will also […]

Champagne
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Champagne at dawn as LG pops cork on Wragges merger

The combination of LG and Wragge & Co will go live today with the new partners admitted to the combined equity. The new entity will be known as Wragge Lawrence Graham & Co, although as Lucy Burton discovers, this is a name that will be kept under review. Lawrence Graham (LG) officially merges with Wragge […]

London

HKFsi completes boutique acquisition

HowardKennedyFsi (HKFsi) has bolted on boutique firm CKFT, in a move that will boost its revenues from £40m to £45m. It emerged that the two firms were in talks in February at which point HKFsi had been in discussions with the North London firm for a number of weeks (25 February 2014). The completion of […]

RBS
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Client scrummage begins as Dundas and CMS merger goes live

A year after CMS Cameron McKenna first crossed the threshold of Dundas & Wilson with its tantalising proposal, the merger between the two firms has gone live. What comes next will be an intense tussle over banking and energy clients as the two firms play tug of war over the institutional client list. It was […]

Durban
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Eversheds expands in South Africa with Durban launch

Eversheds has today secured its eighth office in Africa through an affiliation with Durban-based Knight Turner, which is now known as Eversheds KZN. It is the latest move to follow the launch of Eversheds’ pan-African strategy in October (1 October 2013), which saw the firm re-enter South Africa via a deal with Mahons Attorneys in December gifting […]

People
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CMS and Dundas make 60 support roles redundant ahead of merger

CMS Cameron McKenna and Dundas & Wilson have cut 60 support roles ahead of their £277m merger this week. Dundas has lost 40 support roles and CMS has cut 20 including from its third-party suppliers Integreon, Initial and Xerox (21 March 2014). It is not the first time CMS has put support roles in consultation […]

wedding cake

Can Speechly Bircham turn a date with Charles Russell into marriage?

Merging two firms with different histories, characters and personalities is never going to be easy. That’s a lesson that Speechly Bircham has learned the hard way. Last year’s failed merger talks with fellow private client-focused firm Withers fell flat after just two months of discussions (23 May 2013). Their collapse was partly due to the […]

London

Dundas makes up one partner ahead of CMS merger, CMS promotes 30

CMS Cameron Mckenna has made up 30 partners in its latest promotions round but Dundas & Wilson has only promoted one ahead of the merger between both firms this week (1 May). CMS included Dundas’ only new partner, real estate consultant Margaret McLean, as part of its own announcement today in anticipation of the tie-up […]

London
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Gordon Dadds buys Davenport Lyons out of administration

Davenport Lyons went into administration on Friday (25 April) in a precursor to its client portfolio being acquired by Gordon Dadds. Terms of the sale were agreed with joint administrator Baker Tilly, weeks after Davenport’s chief executive Richard Williams insisted that the firm was not on the verge of administration (11 March 2014). The deal […]

London
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Dundas abandons Aberdeen and London offices early as CMS merger nears

Dundas & Wilson will exit its Aberdeen and London bases early in preparation for the launch of its merger with CMS Cameron McKenna next week (1 May).  Dundas’ Aberdeen and London partners will move out of their current premises and into CMS’ offices in the London and Aberdeen over the May Day bank holiday weekend, […]