Forward of additional consolidation within the mid-market, Bircham Dyson Bell has confirmed a tie-up with Pitmans and revealed it intends to transform to an alternate enterprise construction (ABS) post-merger.
The 2 corporations introduced at first of this month that they have been in talks, claiming as we speak that companions “voted overwhelmingly” in favour of a merger.
The agency will probably be referred to as BDB Pitmans and can launch at first of December. It is going to function from 4 areas in London, Studying, Cambridge and Southampton.
Will probably be led by Bircham Dyson Bell’s managing associate Andrew Smith and chief operation officer Mark Jones, alongside the legacy agency’s Helen Ratcliffe who will probably be senior associate.
An government board will include Pitmans’ CEO John Hutchinson, his deputy Suzanne Brooker and senior associate David Archer. The trio will probably be supported by an equal variety of legacy Bircham attorneys.
Alongside the choice to merge, BDB Pitmans may even apply to transform to an alternate enterprise construction (ABS). The agency stated: “This extra agile construction will allow the merged agency to reap the benefits of alternatives that come up to broaden companies and sources because it develops and grows.”
With regulatory approval to transform, BDB Pitmans will be a part of the rising checklist of corporations already working with an ABS licence corresponding to Simpson Millar, Knights and the authorized arms of the Large 4 accountants.
The tie-up may make BDB Pitmans one of many UK’s high 60 corporations by income, placing it alongside Forsters and Lewis Silkin, based on The Lawyer’s UK200 printed this month.