The ever growing legal firm has recently acquired David & Snape, further expanding the company with 14 offices and 180 staff. Redkite is one of the largest law firms in Wales and the South West, previously consisting of 12 offices and 150 employees.
David & Snape, which has been trading since 1929, will now be able to offer increased specialism due to its incorporation with Redkite. Their focus being on litigation, contentious probate and employment law.
Redkite Solicitors Porthcawl will provide an improved service to the area due to the acquisition. The office, located on Lias Road, will benefit from an increased investment in IT.
An improved service for Bridgend will also be seen, as Redkite Solicitors Bridgend will also benefit from the improved IT. The office is located on South Street and will continue to trade after the acquisition.
The new acquisition will also benefit from the fact that Redkite Solicitors is regulated by SRA.
The Solicitors Regulation Authority ensures that:
- The firm can provide all types of law, including reserved legal activists
- Everyone working in the firm must follow SRA rules
- If things go wrong, the firm must have insurance cover
- If things go wrong and your money is lost, the SRA fund may be able to reimburse you
- If things go wrong you may be able to get your documents and money back
The offices in Porthcawl and Bridgend are now regulated by the SRA due to the acquisition. Meaning that customers in these areas will benefit from this protection.
The acquisition of David & Snape by Redkite, is contributing to the Redkite’s ambitious growth strategy. The firm, which is headquartered in Carmarthen, has undertaken a period of rapid expansion which has allowed Redkite Solicitors to double its turnover to over £9 million since 2017. This latest acquisition is predicted to increase this turnover to £10.5 million.
Other firms that Redkite Solicitors have recently made deals with that have contributed to its growth are:
- Charles Crookes, based in Cardiff and Brecon
- Harris Arnold, based in Swansea
- Phoenix Legal Group, based in Gloucestershire
- Orme and Slade, based in Ledbury
New jobs at the Spilman Street based office in Carmarthen have also been created by these new acquisitions. The team in Carmarthen provides finance and back-office services to Redkite’s offices in Brecon, Cardiff, Carmarthen, Dursley, Haverfordwest, Ledbury, Pembroke, Stonehouse, Stroud, Swansea, Tenby and Whitland.
Neil Walker, chief executive of Redkite, said:
“Redkite Solicitors has been helping individuals, families and businesses across England and Wales resolve their legal issues for over one hundred years. We have built our heritage and reputation by listening to local communities and developing services that meet their needs.
“As a law firm rooted in the local communities it serves, David & Snape is the perfect fit for us as we expand our footprint across Wales and beyond. It fits perfectly with our strategy of providing the best quality legal advice from high street locations.
“The expert teams based in the Bridgend and Porthcawl offices will continue to provide the same quality service to loyal clients, while also offering a more extensive range of legal services.
“We are delighted with the acquisition and the possibilities it brings. We are also pleased that this expansion has resulted in new jobs in Carmarthen, demonstrating our continued commitment to investing in our operations in Wales.”
Ryan David, previously a Partner at David & Snape, is now a Partner with Redkite. Commenting on the deal, he said:
“We are also incredibly excited about joining forces with such an ambitious and well-regarded legal business and brand. This deal means we will be able to offer our clients a broader range of specialist legal services and an improved service through more effective deployment of IT solutions.
“We have always been driven by providing the best possible service to our clients, and we look forward to providing a more holistic service as a result of this deal.”