Knights to acquire Langleys Solicitors for £11.5m

Knights to acquire Langleys Solicitors for £11.5m

Legal and professional services business Knights has agreed to acquire Langleys Solicitors, the law firm in York and Lincoln.

Knights will acquire the law firm for a total consideration of £11.5 million.

Langleys brings 72 fee earners to Knights, significantly strengthening its presence in York, where it already has an office. The business also has a base in Leeds, following its acquisition of Shulmans.

Knights said the acquisition will also allow the business to further expand its operations in the East of England by providing entry into Lincoln, an attractive growth market for legal and professional services.

The law firm’s real estate and corporate offerings closely align with Knights’s existing services, and it is particularly strong in private wealth, where there is significant growth potential.

Knights will also acquire the Langleys legal aid child law practice and its residential conveyancing business, Home Property Lawyers, as part of the deal.

The law firm’s acquisition follows the sale of its insurance division in Leeds to Kennedys last year.

Commenting on the acquisition, David Beech, chief executive officer of Knights, said: “We are delighted to announce the acquisition of Langleys, a leading firm that has a strong cultural fit with Knights and expertise closely aligned with our existing services.”

“The acquisition sees us become the leading law firm in York and provides a strong base for organic growth in the East of England through Lincoln, as we continue to strengthen our position as the leading legal and professional service business outside of London.”

Tim Cross, partner at Langleys, added: “Having built a strong reputation over a number of years, now is the right time to join Knights, whose growth journey we have followed in York and elsewhere across the regions. We believe Knights’ scale, ambition and ability to invest will enable us to unlock significant growth potential and we look forward to achieving this as part of a larger group.”

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Mark Dugdale

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