Law firm lands £40m loan to fund further acquisitions

David Beech
Fast growing law firm Knights has landed a £40m war chest to help fund its ambitious growth strategy.The news came as the firm made its latest acquisition the purchase of Nottingham law firm Fraser Brown.Knights has agreed a new extended revolving credit facility with HSBC UK and Allied Irish Bank (GB) (“AIB (GB)”).The facility provides total committed funding of £40m until June 2023, split equally between HSBC UK and AIB (GB). It replaces the Group’s existing £27m facility with AIB (GB) and is on improved terms. ... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...