Report

Gateley (Holdings) Plc (GTLY): FY 17 results and initiation

Gateley is a broad-based UK legal services firm. It floated on AIM in mid-2015. It is a leader in the UK mid market, having grown strongly over the last decade through one of the most difficult ever trading environments for professional services businesses. With 14% compound growth in revenues at stable profit margins over that period, its strategy is to continue this organic growth, fuelled by lateral hires and new office openings, complemented by selective bolt-on acquisitions in adjacent business service lines. The reasoning behind the IPO has been amply justified.
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Hardman & Co
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