Leading law firm Blake Morgan has supported chartered surveying practice Smithers Purslow throughout its acquisition by Gateley, the legal and professional services group.
The £20 million deal covered the sale to Gateley of Smithers Purslow’s entire issued share capital, with Blake Morgan advising on all aspects of the acquisition process, as well as its implications covering property, tax, employment and pension law – bringing together a cross-sector team of experts from across the firm.
Smithers Purslow is a surveying practice with 10 regional UK offices and 130 staff.
The acquisition by Gateley provides significant opportunities for growth to Smithers Purslow, with the group complementing existing expertise at Gateley. The current senior management team will remain in post.
Blake Morgan’s team was led by partner Martin Kay, who heads up the firm’s corporate team in London, and demonstrated its wide-ranging expertise by providing comprehensive support throughout the acquisition.
Smithers Purslow will now trade under the name Gateley Smithers Purslow.