Rosenblatt Group plc (AIM: RBGP) is considered by the Directors to be one of the UK’s leading litigation practices and provides a range of legal services to its diversified client base, which includes companies, banks, entrepreneurs and individuals. The Firm was set up in 1989 by Ian Rosenblatt and is headquartered in London. The firm has established an increasingly international footprint, advising on complex cross-jurisdictional cases in China, Israel, America and India. The Firm’s practice areas cover dispute resolution, corporate, banking and finance, construction and projects, employment, financial services, IP/technology/media, real estate,regulatory and tax.
The introduction of the LSA in 2007 enabled law firms to be owned and run by non-lawyers. The Directors believe that there are significant opportunities for a professionally run and entrepreneurial law firm to attract talent and be a consolidator in the sector.
The Company was incorporated on 6 February 2018 as the new holding company of the Group to acquire the business and certain assets of the Partnership from the Sellers and will, on completion of the Acquisition, be the holding company for the Enlarged Group.
Rosenblatt listed on AIM on 8th May 2018, raising approximately £43m in an oversubscribed fundraising. The Directors believe that the Company’s admission to AIM will be a key milestone in achieving their goal of the Company becoming a leading legal services business, delivering strong organic and acquisitive growth.
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Rosenblatt Group plc (AIM: RBGP), the professional services group, has strengthened its offer to clients with the launch of a …
Rosenblatt Group plc (AIM: RBGP), the professional services group, is pleased to announce the following trading update ahead of the …
| P&L | (Feb-Dec) 2018 GBP £~000 | 2017 GBP £~000 |
|---|---|---|
| Revenue | 12.53 | 15.82 |
| Personnel Costs | 6.11 | 6.59 |
| Operating Profit | 3.02 | 5.42 |
| Profit Before Partner's Renumeration & Profit Shares | 3.04 | 4.80 |
| Dividend Per Share | 2.8pence |
| Balance Sheet | (Feb-Dec) 2018 GBP £~000 | 2017 GBP £~000 |
|---|---|---|
| Cash | 13.35 | |
| Total Current Assets | 19.53 | 10.68 |
| Total Current Liabilities | (2.69) | (11.05) |
| Net Assets | 34.98 | 11.05 |
Rosenblatt confirms it will be the fourth English law firm to go public
“City law firm Rosenblatt has confirmed that it plans to float in London next month, which will make it the fourth English law firm to go public. City A.M. exclusively revealed last month that the firm was considering a float and had appointed Cenkos Securities as a broker.”
