Charles Russell Speechlys advises Turner Parkinson on its sale to Knights
Charles Russell Speechlys has advised the members of independent business law firm Turner Parkinson LLP on its acquisition by Knights.
Established in 1995, Turner Parkinson LLP has built a strong client database of entrepreneurs, corporates, private equity houses, small and mid-cap plc’s and emerging high growth companies. It has grown rapidly over the past five years and has a focussed core of business services that complements and enhances Knights’ current offering. With Turner Parkinson’s base in central Manchester, the acquisition will increase Knights’ presence in the North West, adding 60 new employees in its seventh regional office.
Commenting on the acquisition, Mark Lund, Head of Insolvency and Restructuring and a member of the Turner Parkinson management team, said: “David and the team at Charles Russsell Speechlys provided us with a first rate service in guiding us through a complicated deal within a very limited timeframe. They were always on hand when needed providing us with sound commercial advice throughout. The deal heralds in an exciting new era for the business with all the opportunities that being part of Knights fast growing regional professional service business can provide..”
David Hicks, Corporate partner at Charles Russell Speechlys, commented: “Turner Parkinson has consistently been ranked among the top law firms across the North West and has an excellent entrepreneurial management team that have grown the business and saw the potential and value in the sale to Knights. It was a pleasure to work with them to deliver a successful sale transaction and realise that potential and value.”
The Charles Russell Speechlys core team was led by David Hicks and included Corporate Associate James Moubray and trainee Lydia Fernandes, Employment Legal Director Anne-Marie Balfour, Tax Partner Rob Birchall and Tax Associate Elliot Michaelson.