BlueRock adds Melbourne-based legal boutique to law division
Melbourne-based professional services firm BlueRock has acquired the majority of Marsh & Maher Richmond & Bennison, in a deal that adds 22 staff to its legal division.
Since its inception in 2008, BlueRock has grown into a full-service professional services firm to small and mid-sized businesses and entrepreneurs in Melbourne and the wider Victoria region. The firm’s services include accounting, legal, business advisory, private wealth, digital, insurance, and taxation.
“Building a total solution for clients has been one of the most important foundations for our success, so it naturally made sense to welcome Marsh & Maher Richmond & Bennison,” said BlueRock Founder Peter Lalor.
Marsh & Maher commenced business in 2008. Having grown into a circa 20-strong business, in 2017 the legal boutique merged with counterpart Richmond & Bennison to double the size of its team.
As part of the deal with BlueRock, the Insurance and Family Law practices of Marsh & Maher Richmond & Bennison have decided to remain outside of the transaction, meaning that just over half of the team is crossing to BlueRock where they will become part of BlueRock Law.
“We’re bringing over 20 staff members with about 150 years of experience to the BlueRock team,” said Paul Marsh from Marsh & Maher Richmond & Bennison. “This move will provide us with access to a wider range of clients and expertise across BlueRock’s various service lines, allowing teams to diversify their offering.”
Lalor: “We are thrilled to grow our multidisciplinary business offering. For us, it wasn’t about just bringing in more people; it was about bringing in the right people who could give our clients a high-value experience and deep knowledge.”
The announcement is the latest in a series of partnerships and (team) mergers over the last 12 months for BlueRock, in line with its strategy to expand its footprint both nationally and internationally over the next 3-5 years.
“Growth by acquisition is a key part of this strategy,” said Lalor. “The objective is to identify opportunities to provide unique value to our entrepreneurial clients and to build an ecosystem that is the absolute best possible service solution for SMEs in Australia.”
Last year, BlueRock was named one of Australia’s ‘Best Workplaces’ by Great Place to Work.
