Claims firm Minster Law is targeting significant growth and expansion into new areas of law following its acquisition by insurance business BGL Group – a deal that marks the largest outright takeover of a UK law firm to date.
BGL – the owners of well-known insurance brands including comparethemarket.com – acquired the law firm, which last year posted revenues of £107m, for an undisclosed sum, after Minster received Solicitors Regulation Authority approval to convert to an alternative business structure (ABS).
