The American Lawyer has reported….
The U.K.’s first publicly listed law firm has continued its post-IPO expansion, acquiring property consultancy Hamer Associates for $2.68 million.
It is the second deal that national midmarket firm has completed since it listed its shares on AIM, a submarket of the London Stock Exchange designed for smaller companies, in June 2015. It follows the firm’s acquisition of tax incentives advisory business Capitus Ltd for $3.6 million in April.
Gateley management told law.com at the time of the Capitus transaction that the firm was targeting other complementary professional services businesses, particularly consultancies in areas such as HR and town planning, which would work alongside the firm’s existing practices in employment and real estate.
Birmingham-based Hamer, which will now operate as Gateley Hamer, specializes in advising property developers on the removal of utility infrastructure, such as pipes electricity pylons, from development sites. It also acts for promoters, landowners and businesses on compulsory purchase issues relating to major infrastructure projects, such as the High Speed 2, a planned high-speed rail line linking Birmingham and London, and Crossrail, an east-west underground commuter rail link.
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