Gateley snaps up Nottingham IP law firm Adamson Jones

Gateley has made its eleventh acquisition since its 2015 flotation.

The legal and professional services group has bought Nottingham-based patent and trademark attorneys Adamson Jones for £2.5 million.

Adamson Jones provides intellectual property services in the UK, Europe and around the world.

It was founded in 2000 and its technical expertise covering areas including biotechnology, engineering, pharmaceuticals and software. It acts for clients from large multinational and national organisations, to universities and SMEs.

It has 25 staff headed by directors Simon Cooper and Nicholas Ferrar and offices in Nottingham, Leicester and London and in the year to March 31 2021, generated revenue of around £3.6 million.

Both directors will stay on the management team.

It is Gateley’s first business services platform acquisition, building to the four platforms it covers – the other three being corporate, people, and property.

The Gateley group has more than a dozen offices including a branch in Dubai.

Chief executive Rod Waldie said: “I am delighted to welcome Adamson Jones to the group as our first acquisition on to our business services platform.

“Gateley Legal already has an existing and strong relationship with Adamson Jones with whom we have worked previously to support clients on their patent and trade mark applications and protection requirements.

“We see great growth opportunities in our combined offering, with a focus on assisting our clients in protecting and commercialising their IP assets being a key element of the ongoing development of our business services platform.

“This is a strategic acquisition directly aligned to our platform strategy.

“The successful completion of the acquisition means that the group has now acquired consultancy businesses, complementary to its legal services, on all four platforms.

“This strategy continues to differentiate Gateley, to widen our breadth of services and enhance our appeal to both existing and potential clients.

“We are actively appraising opportunities to further grow each platform both organically and by acquisition.”

The purchase is being made up of 50 per cent cash and 50 per cent shares in Gateley.

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Tom PegdenLeicester Mercury business editor