Express Solicitors swoops to acquire Liverpool target
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Manchester-based personal injury (PI) law firm, Express Solicitors, has acquired Liverpool’s McKays Solicitors, for an undisclosed sum.
The package includes 1,400 ongoing client matters and the continued employment of 18 members of staff.
Managing partner at Express, James Maxey, said: “We’re delighted to have acquired McKays Solicitors and look forward to working closely with its employees and clients to provide a seamless transition and continue to provide exceptional service.
“A key element of our strategy this year is to identify other PI firms with owners who may be looking to exit the market and whose expertise would complement our core offering. We strongly believe that McKays Solicitors is a natural fit in this regard.
“Express Solicitors continues to grow, despite the current challenging market conditions, and we remain focused on becoming a powerful force in the PI sector.”
The firm recently appointed Pauline Reeves as chief financial officer, who has the specific experience to be able to analyse potential purchases and, thereafter, swiftly integrate the finances of any firm brought into the Express Group.
James Maxey added: “With Pauline on board, the process for carrying out due diligence and financial analysis was much quicker than having to refer to external financial advisors at several stages.”
During the acquisition, the firm was also offered advice and support at key stages from accountants, SBN and corporate law firm, O’Connors Solicitors.
Owner of McKays Solicitors, Adam McKay, said: “For some time I’ve been looking for a suitable successor firm for McKays so that I could pursue other interests.
“Express Solicitors’ strong presence within the market and reputation for excellent customer service and results made them an excellent fit for McKays and its clients.”
Over the past six months Express Solicitors has managed to continue to grow its caseload and now has more than 14,500 cases.
As part of this acquisition, a further 1,400 cases will now be managed by the growing firm. The McKays Solicitors cases span personal injury claims, tenancy deposit claims, commercial litigation and debt recovery and insolvency.
Express Solicitors is ranked in The Lawyer Top 200, its lawyers and the firm are recognised in The Legal 500 and the firm is noted in Chambers and Partners.