Private equity-backed Orwins has continued its rapid expansion by adding Yorkshire firm Milners and London’s Roe Lawyers to the group, accounting for an extra £6m of revenue.
These acquisitions follow Reading firm Clarkslegal in May and Newcastle practice Clarke Mairs in July.
Backed by Aliter Capital, Manchester-headquartered Orwins – which was until May known as BBS Law – now has over 250 staff and combined revenues of £34m.
They plan to hit a turnover of at least £50m in the next two years as they build across the country.
Orwins’ model contrasts with some others in the market by expressly not looking to cut costs and overheads in the firms it acquires, which can retain their own brands.
Milners is a full-service law firm with seven partners and 41 staff headquartered in Leeds and offices in Harrogate, Malton, Darlington and Pontefract.
Five-strong Roe Lawyers is a boutique criminal, white collar, extradition and regulatory law practice.
Orwins chief executive Dov Black said: “Milners has earned a strong and established reputation in the Yorkshire community.
Alongside this, we were particularly impressed by Milners’ personable and flexible approach to client relationships, which closely reflects the way we work at Orwins.”
Simon Bass, managing partner of Milners, said: “In Orwins, we believe we have found a like-minded partner, and we look forward with real excitement to the opportunities created for our team and our clients by this alliance.
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Joining Orwins will take the business to the next level.”
Orwins’ expansion is part of a larger trend in the legal industry, where companies are looking to grow through acquisitions and strategic partnerships.
This approach allows them to increase their revenue and expand their services, while also providing opportunities for growth and development for their employees.
In the middle of this expansion, it’s clear that Orwins is focusing on building a strong presence in the market, and its approach to acquisitions is a key part of this strategy.
By allowing acquired firms to retain their own brands, Orwins is able to maintain the unique strengths and cultures of each firm, while also providing the benefits of being part of a larger group.
As the legal industry continues to evolve, companies will likely follow a similar approach, looking to grow through strategic partnerships and stay competitive.
For now, Orwins’ expansion plans are a key part of its strategy, and the company will likely continue to look for opportunities to grow and develop in the coming years.
The acquisition of Milners and Roe Lawyers is a significant step forward for Orwins.
It will be interesting to see how the company continues to develop and expand in the future.