Text of Slater & Gordon Media Release:
“High profile Queensland law firm Trilby Misso is to merge with one of the biggest names in the legal industry.
Slater & Gordon, believed to be the first law firm in the world to list on a stock exchange, today announced to the ASX that it plans to acquire Trilby Misso for $57 million.
The acquisition, which is expected to be completed by mid August, is subject to due diligence. It will bring together two of the best known names in personal injury litigation in Queensland.
Trilby Misso will continue to run as a standalone business under its own name.
Trilby Misso CEO Graeme McFadyen has welcomed the opportunity to be part of a larger team.
“For clients and staff there will be no apparent difference after the merger is complete,” he said. “But the benefit of being able to draw on the resources and expertise of Slater & Gordon is a very exciting prospect. We look forward to building our business under this arrangement.”
Slater & Gordon managing director Andrew Grech says Trilby Misso is the perfect partner for Slater & Gordon’s plans to develop its business in one of Australia’s fastest growing regions. “The acquisition of Trilby Misso will take us to a size that would have taken years to achieve through solely organic growth,” he said.
Trilby Misso has developed a well deserved reputation for its outstanding client service, values and culture. which has been recognised by their winning the Telstra Queensland Medium Business Award in 2009 and, Hewitt’s accreditation for one of the six best employers in Australia and New Zealand and BRW’s Best Places to Work in 2010.
Trilby Misso employs 150 people across its five offices in south east Queensland. The firm specialises in motor vehicle accident and workers compensation claims. Slater & Gordon has 36 offices nationally, including four in Queensland (Brisbane, Southport, Ipswich and, from July, Townsville). Slater & Gordon also specialises in personal injury work and is well known to Queenslanders for its work on behalf of former clients of Storm Financial.”
Link to ASX Announcement