Sunday, December 4, 2022

Gateley makes fresh acquisition

Gateley, the legal and professional services group, has acquired Symbiosis IP in a £2.5 million deal.

Founded in 2008 by directors, Julie Myint and Rob Docherty, Symbiosis is a chartered patent attorney firm specialising in IP services for the life sciences industry. Symbiosis is the second patent attorney business Gateley has acquired onto its Business Services Platform following the acquisition of Adamson Jones in January 2022.

For the year ended 31 March 2022, Symbiosis delivered revenue of £1.8 million, with corporatised profit before tax of £0.3 million.

Rod Waldie, Chief Executive Officer of Gateley, said: “I am delighted to welcome Symbiosis to the group. This strategic acquisition will extend the reach of our offering in IP, patents and trademark work across our consultancy and legal services teams who operate in this field.

“The acquisition of Symbiosis forms part of an acquisitive and organic growth plan that builds on the expertise we have in the intangible assets market and where we believe there is potential for further development.”

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