DWF Acquires Mindcrest to Broaden its Managed Services Arm
CEO Insights team , Press Release
The new institution established as the result of this integration will be named branded as DWF Mindcrest and will offer innovative & integrated legal solutions to its global clients. The management and client teams of Mindcrest will continue with DWF Mindcrest.
Founded in Northern England in 1977 as Davis Wallis Foyster, DWF has experienced a rapid growth in the last decade, becoming one of the leading legal businesses in the UK. In March 2019, DWF became the first legal business to list on the main market of the London Stock Exchange & was the only main market listing in the UK in the first quarter of 2019.
Speaking of the new managed services arm of the company, Mindcrest was founded in 2001 as one of the first legal services companies with significant operations in India. With its significant presence across the globe including offices at strategic locations such as Chicago, New York, London and Pune, the firm serves a global client base consisting of large corporations & law firms across litigation, contracts management, compliance and legal analytics. Moreover, Mindcrest has also developed its industry-leading training & development program called Mindcrest University & received various awards for its quality & client service.
Commenting on this acquisition, Andrew Leaitherland, Group CEO, DWF, says, “I am delighted to have completed
Managed Services continues to be a real differentiator for DWF, and Mindcrest will provide the resources to better support our clients globally by meeting their requirements where and when they need them
another important acquisition for DWF and to welcome Mindcrest to our Group. Mindcrest is an excellent fit for our business, allowing us to rapidly expand our Managed Services offering in both existing and new areas, accelerating growth in this key offering that remains central to our strategy”. He adds to it, “Managed Services continues to be a real differentiator for DWF, and Mindcrest will provide the resources to better support our clients globally by meeting their requirements where and when they need them”. “Following the recent RCD acquisition, the Mindcrest deal further highlights our M&A strategy and the attractiveness of our business model, as we continue to deliver on our IPO promises and grow our international offering in targeted locations and disciplines that complement our existing business, while attracting and retaining the best talent,” concludes Andrew.
Putting forth his opinion about this integration, Ganesh Natarajan, CEO, Mindcrest, avers, “We are excited to become part of the DWF family. As one of the oldest legal services companies, Mindcrest has established a reputation for high quality and exceptional client service. This will be enhanced with DWF Mindcrest, bringing the right talent, technology, and processes coupled with strong project management to develop innovative integrated solutions for our clients across the globe. Our shared vision, values and culture makes DWF Mindcrest a winning combination.”
With common values & characteristics, including a people-oriented vision, an entrepreneurial spirit, and a focus on technology, this new phase is a step that will enable DWF Mindcrest to continue growing & widening its value for its clients and employees.