LAWFUEL – UK Law Firm Newswire – International legal practice Norton Rose has advised Cornwell in relation to a recommended cash offer which was made by PKF (UK) LLP on behalf of Serco for Cornwell on 25 April 2007. The offer values Cornwell at approximately £7 million.
Cornwell, a long standing client of Norton Rose, is an established management consultancy that provides independent, high quality advice and a wide range of management consultancy services to a variety of major public and private sector organisations.
Serco is an international service company which combines commercial know-how with a deep public service ethos. The acquisition of Cornwell provides a significant opportunity for Serco to accelerate the development of its consulting practice.
The Norton Rose team was led by partner Stephen Rigby together with corporate associates, Fiona Millington, Katherine MacDonald and Emma Chee. Others involved include partner David Cohen and Richard Latham (incentives) and partner Paul Griffin and associate Nick Howard (employment). Arbuthnot Securities is acting as financial adviser to Cornwell. Serco is being advised by Reynolds, Porter Chamberlain LLP.