Offshore law firm Mourant has announced its intention to acquire Luxembourg law firm LexField and its affiliated governance services business, FideField.

The acquisition will enable Mourant to provide clients with legal, corporate and entity management services from Luxembourg.

LexField is a boutique corporate and tax practice, specialising in private equity, investment funds, mergers and acquisitions (M&A) and private wealth, led by partners Pierre-Yves Magerotte and Aldric Grosjean. For its part, FideField provides entity management services to corporate and financial services clients. The team comprises Melina Howard (Head of Operations), Nicolas Poncelet (Head of Accounting) and Yeliz Bozkir (Head of Legal & Compliance).

Mourant Global Managing Partner, Jonathan Rigby, commented: "We've spent several years getting to know the leadership team at LexField and FideField. There's a close strategic and cultural alignment between our businesses and we're delighted to be joining forces in Luxembourg. The LexField and FideField teams have a reputation for delivering the highest levels of service in law, corporate services and entity management. We look forward to welcoming our new colleagues and clients".

Pierre-Yves Magerotte said: "Joining forces with Mourant marks the start of an exciting new chapter in the growth and development of LexField and FideField, creating new opportunities for our people to develop and grow".

Aldric Grosjean added: "Luxembourg is a strategic European entry point for structuring worldwide investments. By combining our insight and knowledge of the Luxembourg market with Mourant's experience and coverage across various key international finance centres, we see a great opportunity to enhance our combined offering".

Melina Howard said: "We're delighted to be joining forces with Mourant as we share the same values. It will enable us to provide an even wider range of solutions and jurisdictions to our clients and intermediaries".

The transaction, which is subject to regulatory approval, is scheduled to be completed in the first quarter of 2023.