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Australian listed firm Slater & Gordon has finalised its acquisition of Taylor Vinters’ Cambridge-based personal injury and Court of Protection practice.
Emma Truin will join Slater & Gordon as a partner and practice group leader, along with Paul Tapner as equity partner and Richard Gaffney as partner. Former Taylor Vinters associates Angela Beric and Miriam Edwards have been promoted to the partnership as part of the move.
The five partners and 31 fee-earners and support staff bring Slater and Gordon’s total UK staff to 505.
The acquisition is the first of a trio of bolt-ons (7 May 2013) which aim to bulk up the firm’s UK presence following its January 2012 acquisition of Russell Jones & Walker (30 January 2012).
Announcements regarding the acquisition of Simpson Millar and Goodmans Law are expected in the coming weeks.
Slater & Gordon CEO Neil Kinsella said: “The planned acquisition will substantially advance the firm’s strategic objectives for the UK based on revenue and earnings growth, geographic expansion, specialist practice area development, increased depth of competence and organisations with strong similar cultures”.
Taylor Vinters’ CEO Matt Meyer said the sale would enable the firm to accelerate its strategic business plan and focus on technology, investment and boutique private client work.
Last week US consumer firm Jacoby & Meyers confirmed it had enlisted the help of private equity boutique MJ Hudson to move into the UK market, with plans to acquire similar firms in the UK and Europe under an ABS banner (8 August 2013).