It is fair to say that the market has been a hive of merger activity over the past 12 to 18 months. Since the latter half of 2011 there have been 17 mergers, bolt-ons or tie-ups announced in the UK. Some, like the union between Clyde & Co and Barlow Lyde & Gilbert, shook the market. Others, like the merger of Wedlake Bell and Cumberland Ellis, caused only a ripple, but still combined to create an arresting trend.
On the back of this wave of consolidation, The Lawyer has produced a handy guide detailing who has got together with whom and analysing the prospects for success for each merger. For anyone unclear about what constitutes a successful merger, former Dell Computers CEO Kevin Rollins summed it up nicely, saying: “It would have to be that the companies are stronger financially, that they took market share, and they are on a very steady footing in terms of their performance.”