Legal and business service firm DWF has signed an agreement. That is, to buy a Canadian law firm for a sum of millions of pounds.
The company has opted to acquire Whitelaw Twining Law Corporation. A company located in Vancouver and TWK Management Ltd. Thus, an Intra-group company that provides services, named ‘Whitelaw Twining’.
Whitelaw Twining specialises in insurance commercial litigation as well as personal injury, and dispute resolution.
The Benefits of The Acquisition:
The acquisition offers a great strategic match. That is, an increased capacity and an improved platform for North America. Hence, as well as an obvious synergy to DWF’s current Canadian insurance. Furthermore, adjusting business. Apart from this, a global focus on the insurance sector.
The purchase is valued as high as CA$42.6m (PS27.7m). In addition to this, a total amount of CA$26.0m (PS16.9m) to be paid in cash or shares. Furthermore, a loan in the amount of CA$16.6m (PS10.8m) that must be paid back or taken over.
Sir Nigel Knowles, group chief executive of DWF, said. Obviously, “To our Canadian market for legal services, we are highly delighted to enhance our services. Whitelaw Twining is one of the most reputable legal firms in Canada. Furthermore, offers a premium possibility for the clients we serve. It also permits us to increase our coverage and adapt to changes in Canada. Hence, as well as the wider Connected services. Additionally, the Mindcrest capabilities across North America.”
An Alliance That Is A Key One For Future Growth:
According to Daniel Shugarman, the country managing partner of Whitelaw Twining” Its a delight to have formed an alliance. This is an alliance, in conjunction with DWF Group. Thus, combining our capabilities in the areas of Legal Advisory and Connected Services capabilities. Ultimately, to the benefit of our clients.
“Over forty years of existence, Whitelaw Twining is now a practice with three lawyers in Vancouver. Thus, to an international full-service litigation law firm. Hence, serving clients in 17 different languages. The next level for our firm and further bolstering our standing in Canada. Apart from this, allowing our team members to assist our clients around the world.”
The acquisition’s finalisation is contingent upon the fulfilment of certain conditions. Before the end of the year 2022. The above conditions needs to be fulfilled.
DWF in United Kingdom:
DWF has its headquarters in Manchester. Furthermore, has offices located in Belfast, Birmingham & Bristol. A decent presence in Scotland in capital Edinburgh & Glasgow city. Apart from this its Leeds in West Yorkshire, U.K. Furthermore, Liverpool & the Capital of U.K, i.e. London. Finally, the headquarters in Manchester in Lancashire county and the gorgeous city of Newcastle.