Haddletons, the Wakefield-based legal services provider, is expanding its services to support spin-out and growth companies with the acquisition of IP Assist from IP Group.
Based in Leeds, IP Assist provides technology and life sciences portfolio companies with company secretarial and administrative services.
The acquisition will facilitate Haddletons’ plans for a fixed price support service for growth businesses that includes a company secretary function, finance, HR and other back office functions.
It will also allow legal advice to be provided to those businesses as part of that service.
“We are delighted to welcome the IP Assist team and introduce our legal team to growth companies,” said James Haddleton, CEO of Haddletons.
“The legal team is almost entirely made up of senior former in-house lawyers, many with Investment, Tech and Life Science backgrounds, who have a deep understanding of the commercial needs of growth businesses with high value IP, both from a legal and compliance perspective.
“The launch of a back-office support service for a set monthly fee is therefore a natural step for us, particularly as we already operate fixed fees for our legal services.”
He added that the range of services already offered by IP Assist would continue with further investment planned to keep directors up to date on risk and governance topics and to improve IP and contract management.
IP Assist will continue to provide company secretarial services to IP Group subsidiary companies.