Law firm Irwin Mitchell gears up for London stock market float
Irwin Mitchell is readying itself to float on the London Stock Exchange, in a move the law firm hopes would value it at around £500m.
The firm, which offers legal and wealth management services, is working with investment bankers at Rothschild on plans for a potential IPO that could take place this year, Sky News first revealed.
Irwin Mitchell would join just a handful of UK listed law firms, including Ince and Knights.
According to Sky News, the £500m valuation would eclipse the few law firms listed in the UK.
Irwin Mitchell has offices in England and Scotland, including a London office on Chancery Lane.
An Irwin Mitchell spokesperson said: “We’ve taken no decision to introduce external investment. We remain in a strong position financially with our existing bank facilities offering us sufficient firepower to invest further in the growth and transformation of our business.”