Knights Group Holdings Plc (GB:KGH) has released an update.
Knights Group Holdings Plc has announced the acquisition of Thursfields Legal Limited, a well-established full-service law firm in the West Midlands, to significantly enhance its regional presence and Private Wealth services. The deal, valued at approximately £12.5 million, is expected to be immediately earnings enhancing for Knights, with the acquisition aligning with their strategic growth plans. The integration of Thursfields’ team and client base is anticipated to bring a higher profit margin and bolster Knights’ legal services platform.
For further insights into GB:KGH stock, check out TipRanks’ Stock Analysis page.
