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Knights Group Holdings Plc ( (GB:KGH) ) has shared an announcement.
Knights Group Holdings Plc has announced the acquisition of IBB Law LLP, a law firm based in the South East, to enhance its presence in this lucrative market. The acquisition, valued at £30m, is expected to be immediately earnings enhancing and aligns with Knights’ strategy of growth through selective acquisitions. IBB’s strengths in corporate, real estate, and private wealth complement Knights’ existing services, and the integration is anticipated to provide a strong platform for further organic growth in the region.
More about Knights Group Holdings Plc
Knights Group Holdings Plc operates in the legal services industry, providing a range of legal solutions to business and private clients. The company focuses on expanding its market presence through strategic acquisitions, particularly in regions with high corporate activity and private wealth concentration.
YTD Price Performance: 31.37%
Average Trading Volume: 156,899
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £116.7M
For an in-depth examination of KGH stock, go to TipRanks’ Stock Analysis page.
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