QualitySolicitors acquired by Palamon Capital

Founded in 2009, QualitySolicitors, a chain of UK high street solicitors, is looking to consolidate the high street market, which is worth ?10bn per year. 

QualitySolicitors has built a network of 300 locations across the UK, with a number of access points at WHSmiths stores. Currently, QualitySolicitors has total revenues of ?300m and hopes to sign up as many as 1,000 branches by next year.

The deal follows the introduction of the Legal Services Act this month, which liberalises the legal profession, lifting restrictions on management, ownership and financing.

QualitySolicitors is a shortlisted candidate for the Young Company of the Year award in the Growing Business Awards on November 14.

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