One of Wales' leading commercial law firms has expanded its UK footprint with the acquisition of specialist dental legal advisory firm Goodman Grant.
Acuity Law has bought the Liverpool-headquartered law firm, which provides specialist legal advice to dentists, for an undisclosed amount.
The deal hopes to strengthen Acuity's position within the healthcare sector and is part of its UK expansion strategy. The Cardiff-headquartered firm has completed £250m of deals in the last three years and opened a new office in Bristol in May this year on the back of its recently launched consultancy arm, Acuity Consult.
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Acuity, which employs over 100 commercial lawyers, has offices in Swansea, Cardiff, Bristol, London, and now Leeds and Liverpool following the acquisition. All of Goodman Grant's staff members are being retained, the firm said, adding that it plans to expand further in the next year.
Jon Lawley, lead partner at Acuity Law said: "We’re incredibly proud of our rapidly growing reputation and client base in the healthcare sector, and this acquisition is another key milestone for us as build on our dental expertise.
“With the Goodman Grant team joining Acuity we have a huge opportunity to strengthen our offering and we’re delighted to welcome more new and talented colleagues to the Acuity team.”
Acuity chairman Steve Berry said: “This acquisition forms part of our ambitious growth strategy to develop the firm across the UK built around a team with sector leading reputations and expertise.
“We are thrilled to be welcoming Goodman Grant and fully recognise the value the firm and its knowledgeable team will bring to our healthcare offering and overarching brand. It is a firm with an outstanding track record and reputation, and we are seeking to acquire similar like-minded businesses.”
Ray Goodman, director of Goodman Grant, said: “After many happy and successful years in the industry, both John Grant and I feel that this is a natural and exciting step for the firm.
“We’ve been aware of Acuity’s growing reputation for some time now, particularly within the healthcare sector, and feel confident that they have the same ethos as us, as well as the expertise to take the business forward."
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