The members of Beachcroft LLP and Davies Arnold Cooper LLP have voted in favour of the merger of their two firms. The combined firm will launch as DAC Beachcroft LLP on 1 November, 2011.
Paul Murray, managing partner of Beachcroft, commented: "We are very pleased to be creating a firm with such considerable strength across its core markets. Both firms specialise in the insurance sector and the combined firm will provide insurance clients with a distinctive, full-service offering in the UK and internationally. In addition, Beachcroft's market-leading health practice will be well complemented by Davies Arnold Cooper's strong presence in the life sciences sector."
Danny Gowan, senior partner at Davies Arnold Cooper, added: "The merger brings together complementary strengths in both our teams and the business processes that underpin how we work with clients. In addition to the benefits it provides to our insurance clients, it doubles the size of each firm’s existing real estate practice. I am particularly encouraged that both firms have similar cultures which will help ensure a successful merger."
DAC Beachcroft will have a turnover in excess of £175m and over 2,000 staff. The combined firm will have a comprehensive network of offices in the UK and an international capability covering Europe, Latin America, North America and Asia-Pacific. Teams will work with clients in the insurance, real estate and healthcare sectors
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