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10 stumbling blocks in a business exit

Every business exit is different and a seller’s requirements will vary depending on the nature of their target business, the parties involved and the wider commercial climate. Even so, common issues crop up regularly.

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money finance

Gateley targets £100m revenue after spate of acquisitions

Gateley, the first law firm in the UK to go public, forecasts its annual revenue to skyrocket to over £100m in its fourth year as a listed entity. Revealing its interim results this morning, the firm calculated that a string of acquisitions will contribute £13m of this increase, adding up to a revenue that is […]

Gateley posts third consecutive year of double-digit growth since IPO

Gateley’s revenue has increased by 11 per cent from £77.6m to £86.1m in its third full year as a listed entity. The firm posted double-digit rises across the board for 2017/2018, with profit before tax increasing by nearly 12 per cent from £13.1m in 2016/2017 to £14.6m. Adjusted earnings before interest and tax (EBITDA) saw a […]

DLA Piper grabs mandate on LK Bennett administration

DLA Piper has earned a first time instruction from ailing upmarket clothing brand LK Bennett, which yesterday confirmed it had called in the administrators. The firm is understood to have pipped Taylor Wessing and Mishcon de Reya to the post, which have both previously represented the retailer and its founder Linda Bennett in the past. […]

Osborne Clarke unveils eight-strong promotions round

Osborne Clarke has made up eight new partners in the UK, including one who completed the process during her maternity leave and two that work on a part-time basis. The firm’s new cohort means Osborne Clarke now boasts a partnership of more than 260 for the first time in the firm’s history with a handful […]

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