Gildeas completes acquisition of Glasgow firm Fulton’s
Gildeas has acquired Fulton’s Solicitors and Estate Agents.
The existing Gildeas conveyancing practice will merge with Fulton’s, which will continue trading as a separate entity from its two customer-facing units in Mount Florida and Clarkston.
The deal will see Gildeas expand its total workforce by 13 to 77 and represents a landmark first acquisition for the firm, which has offices in Glasgow and Edinburgh, as it celebrates its 30th birthday in 2019.
Gildeas will continue to focus on personal injury work in Scotland and seek further acquisition opportunities to drive growth.
A small number of Gildeas staff, including senior solicitors, will transfer to Fulton’s as a result of the acquisition.
The Fulton’s legal practice offers a range of services including property conveyancing, wills, trusts and estates, while the estate agency is focused on the sale and purchase of residential and commercial property.
Gildeas director Colin Ferguson said: “We are delighted to have completed the acquisition of Fulton’s and would like to welcome their team on board.
“I am confident that our new business structure will enable Gildeas to focus on our core personal injury work and ensure we are well-positioned to take advantage of opportunities in this area as they arise.
“Our existing conveyancing practice has merged with a thriving business which has an experienced team at the helm and a loyal customer base.”