Leading UK legal technology business acquires four US offices from Consilio following management buyout

Main UK authorized expertise enterprise acquires 4 US workplaces from Consilio following administration buyout

International Information

21Mar2024

Editor

Millnet, a number one British doc and information processing enterprise with websites in London and Manchester, has acquired 4 US paper workplaces from Consilio, the worldwide chief in authorized expertise options and enterprise authorized companies. The paper workplaces are in New York, Washington D.C., Minneapolis, and San Diego and are staffed by 46 individuals who will be a part of the Millnet enterprise.

Consilio continues working its core workplaces in New York and Washington, D.C.

Consilio’s paper workplaces have been acquired in a deal which can allow Millnet to develop its geographical footprint. This deal follows the administration buyout of Millnet within the UK from Consilio in February 2024.

Millnet operates from websites in London and Manchester within the UK, the place it employs 37 folks, and offers doc, information administration and processing companies to purchasers within the skilled companies sector. The acquisition of the 4 US paper workplaces will greater than double the present turnover of the enterprise and function a springboard for additional enlargement within the US and North America.

Steve Chadd, Managing Director of Millnet, feedback: “The acquisition of 4 of Consilio’s US paper workplaces marks the most recent stage of the enlargement of the enterprise following the administration buyout which we accomplished final month. Our purchasers more and more have a world presence and demand a single world resolution to their doc companies wants. The acquisition of those US paper workplaces from Consilio permits us to supply cross border options whereas providing in-region experience.”

“Following the administration buyout, and this newest acquisition, the enterprise is ideally positioned for additional progress.  We might be trying to develop organically and by way of additional acquisitions, which can assist to place Millnet for long-term success.”