Ince & Co is being taken over by Gordon Dadds Group (GDG) to create the UK’s largest listed law firm by revenue.

AIM-listed GDG said it has agreed acquisition terms at an estimated price of £34m ($43.62m) subject to final documentation.

The merged entity, Ince Gordon Dadds, will become a new global legal business, it added.

Ince had been looking for fresh leadership and direction since Jan Heuvels’ early departure as senior international partner in August.