Law firm opens fifth office following acquisition
Coventry and Warwickshire solicitors Alsters Kelley has acquired Stratford-based Bonell & Co Solicitors, bringing its total number of offices to five.
The deal by the firm, which already operates in Coventry, Nuneaton, Leamington Spa and Southam, is its first acquisition for 15 years.
The move has resulted in Alsters Kelley becoming one of the largest solicitor’s firms in the region and will increase turnover by an anticipated 10% in the first year.
Six members of staff at Bonell & Co, including founder Andrew Bonell, will remain at the firm, taking the total Alsters Kelley workforce to more than 80.
Bonell & Co, which is situated in Chestnut Walk, Stratford, has been established for over 30 years. It currently offers services in conveyancing and family law.
Cathy Wahlberg, managing director at Alsters Kelley, said: “The acquisition of Bonell & Co marks the start of an exciting new chapter for both firms.
“Bonell & Co boasts an impressive pedigree and has a highly talented and experienced workforce. It has an excellent reputation throughout the Stratford region and the acquisition seemed like the next natural step in Alsters Kelley’s own journey.
“It provides us with an excellent platform for growth and we look forward to welcoming every member of the workforce to our team and developing the business in the years to come for the benefit of both the staff and our clients.”
Andrew Bonell said: “After 30 years of operating as a small practice, the time had come for me to seek new opportunities. The legal landscape has changed significantly during that time, becoming a great deal more complex with the requirement for increased technology and compliance, making it difficult for a small firm to thrive.
“It was however important that we shared the same professional ethics. In a practice such as mine consistency and continuity are essential.
“Equally important however was Alsters Kelley’s ability to introduce new technologies and increased expertise which will serve as a major boost to the firm and mark a new era for the business.
“The future looks very exciting and I am very much looking forward to working with the Alsters Kelley team.”
