Liverpool practice bought by growing Manchester PI firm

Consolidation of the personal injury market continued this week with Manchester firm Express Solicitors buying a Liverpool practice. Express confirmed the acquisition of McKays Solicitors, taking on 18 members of staff and transferring 1,800 ongoing client matters.

The PI market is expected to contract in the coming months as larger firms swallow up those looking to exit the market ahead of reforms of the small claims process from April.

James Maxey, managing partner at Express, said: ‘A key element of our strategy this year is to identify other PI firms with owners who may be looking to exit the market and whose expertise would complement our core offering. We strongly believe that McKays Solicitors is a natural fit in this regard.

‘Express Solicitors continues to grow, despite the current challenging market conditions, and we remain focussed on becoming a powerful force in the PI sector.’ 

James Maxey, managing partner at Express Solicitors

The firm has appointed a new chief financial officer in Pauline Reeves, who was chosen for her experience in analysing potential purchases and integrating acquisitions into the group.

McKays owner Adam McKay passes on a business specialising in personal injury, tenancy deposit claims, commercial litigation and debt recovery and insolvency.

‘For some time I’ve been looking for a suitable successor firm for McKays so that I could pursue other interests,’ he said. ‘Express Solicitors’ strong presence within the market and reputation for excellent customer service and results made them an excellent fit.’

In September, Express announced group turnover had reached £21m for the previous year, with caseloads growing 25% to 13,611. The group’s stated ambition is to reach £25m turnover within three years.

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Even before the McKays acquisition, staff numbers had grown by 24% in the last year to 320, including 30 partners. The firm says its rapid growth is thanks in part to substantial marketing spend, with £6m invested in television, radio and internet campaigns during the past year.



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