Liverpool law firm snaps up debt recovery business
Liverpool law firm MSB Solicitors has acquired Matrix Legal & Insolvency Services.
The deal will see Matrix, also based in Liverpool, become part of the company’s commercial department, led by partner Mark Forman.
MSB has expanded its services to include debt recovery following the acquisition, bolstered by Matrix’s 30-year background in debt collection, debt prevention and credit management.
Discussing the transaction, Mark said it would enable MSB to offer an improved all-round service for corporate clients.
He added: “This brings into focus how MSB continues to be at the forefront of commercial law. And we see this new service as something we could offer on a consultancy basis to other law firms.”
MSB last year saw turnover pass £5m for the first time.
Matrix director Colin Wynne commented: “MSB is one of the fastest-growing law firms in the North West and has a fantastic reputation for offering its clients a range of services.
“The joining of our businesses only further serves to strengthen that offer.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Why a business exit is no longer all or nothing
Culture is the foundation for sustainable growth
Business must help young people take root in work
Purposeful procurement for long-term growth
Time to rethink outdated views on apprenticeships
The scale-ups rocketing through our fast world
Care about the experience, not just the outcome
The rise of an alternative investor model
Bots don't beat personal business coaching
From COVID-19 to the Middle East crisis
How to build credibility in B2B marketing
Is your business ready for the trade union change?