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KPMG's law firm in Finland is boosting its M&A capability and taking over the largest firm in Tampere.
The acquisition of six-lawyer Asianajotoimisto Seppälä & Co boosts KLegal Oy to 23 lawyers. The firm is aiming for 50 to equal Finland's largest firms. KLegal Oy opened in Finland last June, and is the only accountancy-tied law firm in the country. Finnish managing partner Lasse Lagus said: "So far we've had organic growth - we've managed to grow rapidly here and that's going to continue. Seppälä is concentrating on the same type of clients and business law that we are. "We do a lot of work with transaction services people in KPMG. For the first part of this year they've been involved on 23 per cent of all M&A done in Finland, so M&A work is our most important thing."