Irwin Mitchell advises JLL on merger with W. A. Ellis
02 Oct, 2014
National law firm Irwin Mitchell has advised global real estate advisory firm JLL on its merger with W. A. Ellis.
W. A. Ellis is an established leader in the prime London market operating since 1868 with a particular focus in Knightsbridge, Chelsea and Belgravia re-sale, lettings, property management and valuation.
Following the announcement, W. A. Ellis will become part of the JLL group that will see offices and employees integrating with immediate effect but will continue to operate under the established W. A. Ellis brand for a period of time.
Guy Grainger, JLL Chief Executive Officer for the UK said: “The obvious strategic and cultural fit between the residential business at JLL and W. A. Ellis makes this a logical and attractive proposition for both firms. We are marrying a well-established and highly respected agency business with a global platform and this is a decision that fits with our wider strategy, making it a sensible and forward-thinking partnership for all involved”.
Lucy Morton, Senior Partner at W.A. Ellis said: “We see this as the coming together of two great companies who are culturally aligned and fully believe both will benefit from the partnership. Combining our second-to-none knowledge of this market with JLL’s global platform will ensure we are leaders in prime sales, lettings and investment for the benefit of all clients and staff.”.
Edward Persse, Corporate Partner at Irwin Mitchell, London, said: “We are delighted to have represented JLL again, which showcases our strength in advising on domestic corporate transactions, particularly in the real estate sector. This is a significant transaction for JLL’s residential business and we wish each party every success with the merger.”