Leeds-based firm Clarion has announced an impressive financial performance in 2022/2023, reflecting its strategic growth. Achieving a turnover exceeding £30 million, the company enjoys a 15% annual increase, marking its ninth consecutive year of double-digit growth.
- Clarion’s corporate practice experienced a 23% rise, attributed to robust international and national investments.
- The Real Estate department reported a 21% growth due to regional development projects.
- Private Wealth, one of the largest teams in Yorkshire, saw a 24% increase, enhancing its national client base.
- Clarion expanded its international reach, now operating in 75 countries, indicating its global growth strategy.
Leeds-based Clarion has surpassed a turnover of £30 million for the fiscal year 2022/2023, showcasing a 15% growth compared to the previous year. This marks the ninth year of consistent double-digit growth and a remarkable 112% increase over five years.
The firm’s corporate practice observed a substantial growth of 23%, benefiting from significant liquidity and a surge in investments both internationally and nationally. The corporate team successfully executed 55 deals, including acquisitions by notable companies such as logistics operator Expert Distribution and manufacturer Autajon Group.
The Real Estate team contributed to Clarion’s success with a 21% growth. This achievement was driven by robust development activity throughout the region, resonating with the firm’s strategic objectives.
In the sphere of Private Wealth, the team not only maintained its status as one of Yorkshire’s largest private client groups but also achieved a 24% growth. This expansion highlights its expertise in servicing clients across the United Kingdom, further solidifying its reputation.
Clarion’s international operations have notably expanded as well, now spanning 75 countries, including Australia, France, and Germany. The firm is committed to fostering relationships with global partners who share its values, aiming to enhance its international portfolio and operational footprint.
Roger Hutton, joint managing partner at Clarion, expressed pride in the firm’s accomplishments, attributing success to the team’s diligence and entrepreneurial spirit. Hutton highlighted Clarion’s national influence and emphasised plans for further growth, aligning with Leeds’ status as a major legal hub.
Clarion’s ongoing growth underscores its strategic acumen and commitment to expanding both locally and internationally.
