Mills & Reeve builds real estate clout with London merger
Mills & Reeve plans to expand significantly in London via a merger with Maxwell Winward – a move that adds muscle to the Cambridge firm’s real estate proposition.
The merged enterprise will be branded Mills & Reeve and the London venture anchored at Monument Place in London.
The combined firm will turnover around £93 million with Mills & Reeve having posted a record turnover of £87.2m in the year to May 31 – an increase of more than £5.5m on the previous year.
Maxwell Winward, established in 2007 following a merger between Maxwell Batley and Winward Fearon, is renowned for its real estate, surety, projects and construction practices.
The merger, which goes live from June 1, will allow Mills & Reeve to further develop its real estate and projects and construction practices in the UK capital.
The enhanced scale will provide further opportunities across its unique set of sector specialisms such as education, health, private wealth, insurance, technology, sport, charities and food and agri-business.
Nationally Mills & Reeve will now have 116 partners and nearly 1,000 staff operating from six offices in Birmingham, Cambridge, Leeds, London, Manchester and Norwich. The firm is lead sponsor for the Business Weekly Awards.
Justin Ripman, Mills & Reeve senior partner, said: “This merger will enable us to substantially grow our presence in the City. It helps realise a key aim of our 2020 strategy to expand our offering to London based and international clients by successfully leveraging our nationwide network of leading legal experts.
“The merger will enhance our real estate investment and insurance sectors, as well as our projects and construction practice. Maxwell Winward’s surety practice bridges the insurance and construction sectors in which we’re already strong while its power plant expertise will add another area of know-how to our projects offering.
“We are very excited about the potential that our increased scale gives us in London and the further career opportunities that it creates for the talented lawyers, business services professionals and legal support staff in our enlarged firm.”