Consolidation update: Thomas Eggar secures takeover of City boutique Pritchard Englefield

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South East stalwart Thomas Eggar is to absorb City boutique Pritchard Englefield as the run of consolidation within the UK top 100 continues.

The merger, which will go live on 1 May and roughly doubles the size of Thomas Eggar’s City arm, will see the 58-partner firm increase its revenue from £36m to £42m. The duo will unite under the Thomas Eggar brand.

The acquisition of the 30-lawyer City practice has been billed as substantially bolstering Thomas Eggar’s profile as an institutional adviser.

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