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Memery Crystal announces record financial year
At a glance
Memery Crystal announces a record financial year, with increasing international activity into the UK being a key driver for the strong 2016/17 performance.
The London based, international law firm has seen turnover increase by 21% to £18.3m. Despite Brexit uncertainty, Memery Crystal has advised on an increasing number of cross-border transactions in equity capital markets, M&A, and real estate showing that the UK remains a key international jurisdiction.
Memery Crystal’s CEO, Nick Davis, said:
“This last year has been an outstanding year for Memery Crystal. We have seen increasing interest from overseas investors into the UK across our core sectors, especially real estate. Despite the ongoing uncertainty of Brexit, following the referendum in June 2016, activity has been strong as a result of this, with an increased number of Main Market listings on the London Stock Exchange, cross-border M&A and real estate transactions, all demonstrating the firm’s ability to advise on high profile international deals.
As consolidation continues to take place within the legal sector, Memery Crystal is well-placed to continue to provide thoughtful, pragmatic, specialist advice across all of our key sectors. We move into 2017 with three new partner promotions and look forward to delivering exceptional results for our clients and stakeholders, and continued growth in the year ahead.”
For further information:
Tel: +44 (0)20 7242 5905
Mark Antelme / Joanna Boon
Tel: +44 (0) 207 520 9265
Notes to editors:
Memery Crystal is an international, London based law firm providing high-quality advice to businesses and individuals. We are recognised leaders in key industry sectors, including, banking and financial services, natural resources, retail and leisure, media & technology.
We are commercially aware, entrepreneurial in spirit, international in outlook and pragmatic in approach. Founded in 1978, Memery Crystal is now recognised as one of the UK’s leading law firms in our specialist areas, regularly cited in Chambers UK and The Legal 500.
Key highlights for the period include:
- Advising on the sale of West Bromwich Albion Football Club Limited to Chinese investors
- Admission of Tharisa Plc to the Official List and trading on the London Stock Exchange’s Main Market
- SigmaRoc acquisition and £50m placing
- Acquisition of the Thomas Goode building in Mayfair, London for £80 million
- Low Profile Holdings Ltd £24 million acquisition of Boston House in Fitzrovia, London
- Advised on Harlequins mini-bond
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