DSW Capital acquires DR Solicitors
Two industry pioneers join forces to create a significant platform.
DSW Capital (AIM: DSW), a challenger in the mid-market professional services sector and owner of the Dow Schofield Watts brand has announced its acquisition of legal firm DR Solicitors Limited.
The move combines two original pioneers in their respective industries that both operate using a platform model to attract the best talent from across the UK.
Founded by ex-Magic Circle lawyers Daphne Robertson and Nils Christiansen, DR Solicitors has become a nationally recognised law firm specialising in services for GPs and primary care providers.
The firm employs eight staff at its head office in Guildford and leverages a growing network of 18 consultant solicitors. In the financial year ending 31 March 2024, DR Solicitors achieved organic revenue growth of 11 per cent, generating revenues of £3.1m and profits before tax of £1.2m.
Operating in a highly regulated sector, the legal firm has built a strong brand reputation, resulting in high levels of repeat business and a loyal customer base.
This acquisition not only strengthens DSW Capital’s position in the market through enhanced diversification but also broadens the range of niche professional services available to its network.
Daphne Robertson and Nils Christiansen
James Dow, CEO of DSW Capital, said: “This is a game-changing acquisition and a significant milestone for us. By joining forces with DR Solicitors, we are diversifying our revenue streams and building a more resilient business for the future. It will enable us to further accelerate growth and establish a substantial platform for the delivery of legal services. We have been inspired by Daphne and Nils’s attitude toward innovation in their business and their focus on winning work. They and the rest of the team’s commitment to supporting the growth and development of their business is a primary example of how they reflect the Dow Schofield Watts values.”
Co-founders Daphne Robertson and Nils Christiansen will continue to lead DR Solicitors, collaborating closely with DSW Capital’s experienced management team.
Daphne Robertson, Founder and Senior Partner of DR Solicitors added: “We were one of the first legal firms to own a niche, one of the first to develop a consultant-based operating model, one of the first to embrace alternative business structures, and now we are one of the first to integrate into a truly multi-disciplinary professional services group.
“The entrepreneurial culture of Dow Schofield Watts is a strong fit with our own, and this transaction will provide DR Solicitors with the scale and resources to continue building on our successful operating model for the benefit of all our clients. We are looking forward to this exciting next step as we accelerate the growth of both our firm and the wider group.”
