From UK’s Legalfutures:
A solicitor who left private practice to set up an employment law, HR and health & safety business 16 years ago sold it yesterday for £59m to a new big player in the employment law world.
Mark Ellis is retiring from Chester-based Ellis Whittam following its acquisition by Marlowe plc, a specialist health & safety and regulatory compliance group.
LDC, the mid-market private equity investor which took a minority stake in Ellis Whittam four years ago, is exiting too.
Ellis Whittam provides its services via a fixed-fee subscription model to over 3,300 organisations across the UK, supporting some 35,000 employers in all. With offices also in Glasgow and London, it employs approximately 180 staff, including 20 practising solicitors.