Knights has acquired Thames Valley-based THP Solicitors in a move the firm said will enhance its capability “in one of the UK’s most economically significant growth regions”. The acquisition is the second in the area, coming after Knights acquired IBB Law in 2025.
In an announcement on the London Stock Exchange, Knights said it would acquire THP for £4 million, with an initial £2.4 million cash payment and three subsequent annual instalments subject to performance. Completion is expected to take place on 25th September 2026.
The acquisition will see approximately 30 fee earners from THP relocate to Knights’ Reading office, with the two THP offices set to close.
David Beech, CEO of Knights, said: “We are delighted to welcome the THP team to Knights. Following our expansion into the Thames Valley last year through the acquisition of IBB Law, THP represents a compelling bolt-on opportunity that further increases our scale in an attractive and growing market.
“THP’s expertise will strengthen our capabilities, broadening our full-service offering for clients across the region, whilst leveraging our premium Reading office and our recent investment there.
“The business has a strong cultural fit, and we are confident that combining its talented team with our scale and infrastructure will provide a strong foundation for future growth.”
Rachel Gaylor of THP Solicitors Limited added: “We are very pleased to be joining Knights. Having built a strong local reputation and client base, becoming part of Knights will provide the platform that we need for the next stage of our growth.
“Our clients will benefit from access to a broader range of services and expertise, while our colleagues will have greater opportunities as part of a larger national business with scale and resource. We look forward to working with the team to realise the significant growth potential we see in the Thames Valley region.”
In results published in July, Knights revealed an underlying revenue increase of 28% from £162 million to £207.7 million, with an underlying profit before tax increase of 19% to £33.2 million.
The latest acquisition is the 30th for the firm over the last 14 years, with a strategy focused on the south east of England because of its “affluent client base and a talent pool attracted by opportunities at a premium firm, without a central London commute”.
