Professional services firm, Mourant, has announced its intention to acquire a Luxembourg law firm, LexField, and its affiliated governance services business, FideField.
The acquisition will enable Mourant to provide clients with legal, corporate and entity management services from Luxembourg, the second largest global funds centre.
LexField is a boutique corporate and tax practice, specialising in private equity, investment funds, M&A and private wealth, led by partners Pierre-Yves Magerotte and Aldric Grosjean.
FideField provides entity management services to corporate and financial services clients.
Mourant said the acquisition is driven by client demand for legal and governance services and aligned with Mourant’s multi-disciplinary growth strategy. It follows the acquisition of a specialist accounting business in January this year and the launch of Mourant Consulting Services in 2021.
Mourant Global Managing Partner, Jonathan Rigby, said: “We’ve spent several years getting to know the leadership team at LexField and FideField. There’s a close strategic and cultural alignment between our businesses and we’re delighted to be joining forces in Luxembourg.”
The transaction, which is subject to regulatory approval, is scheduled to complete in the first quarter next year.
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