13th September 2022
MAPD Group acquires law firm Bermans
The MAPD Group has announced the majority stake acquisition of Bermans, a Liverpool and Manchester-based law firm specialising in commercial law.
The MAPD Group – a business bringing together local law firms – has made the first in what it says will be a series of acquisitions this year by taking a majority stake in North-West firm Bermans.
MAPD stands for Making A Positive Difference, reflecting its sense of purpose, which is to power the growth of local law firms by creating an environment for its people, clients and the communities within which it operates to have the best possible experience.
Bermans has 70 staff in total. The aim is to grow the firm, which will retain its brand and all of its people in line with MAPD’s philosophy, by at least 25% in the next three years.
Fergal O’Cleirigh, Bermans’ senior partner, says the deal returns value to the firm’s shareholders while preserving its identity and culture: “In looking to the future, the partners agreed that securing investment was the way to fuel the next period of growth.
“MAPD is the perfect partner. Its operational expertise and financial backing, allied to a deep commitment to culture and staff, will help us achieve our ambitions for Bermans”.
Last year, it bought Stoke-based Myers & Co in the first stage of its buy-and-build strategy.
DSW Corporate Finance assisted in the deal with the team consisting of James Curtis and Connor Monaghan.