LONDON - Law Debenture Corporation p.l.c. has acquired the process agency business from Linklaters LLP, enhancing its service offerings and reinforcing its partnership with the law firm. The transaction, completed on December 19, 2024, involved the purchase of Hackwood Secretaries Limited, which has been promptly renamed LDCS Process Agent Limited.
This strategic move aims to bolster Law Debenture's position in the Independent (LON:IOG) Professional Services sector by integrating the newly acquired process agency business into its existing operations. Denis Jackson, CEO of Law Debenture, emphasized the significance of the acquisition, stating it marks a step forward in expanding the company's capabilities.
Jackson highlighted the depth of experience within Law Debenture's global team, which manages thousands of active appointments and boasts over a century's worth of combined expertise. He pointed out that the firm's 24/5 availability across global offices ensures responsiveness and adaptability, reinforcing its status as the UK's leading process agent.
The CEO expressed enthusiasm for the seamless transition of the business and the opportunity for closer collaboration with Linklaters in the future. The acquisition is seen as symbolically significant for Law Debenture, further cementing the relationship with Linklaters.
The information in this article is based on a press release statement from Law Debenture Corporation p.l.c.
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