We are thrilled to announce the acquisition of specialist UK-based IP firm TLIP Ltd. Our fourth acquisition inside two years, this move further strengthens our position as a leading player — and one of the fastest-growing businesses — in the European IP protection sector.
Founded in 2014, Turnbull Lynch Intellectual Property (TLIP) has a well-established reputation of working with high-growth companies to protect their innovation through the delivery of commercially focused IP strategies.
TLIP employs 14 people (nine patent attorneys and five support staff) based at its offices in Cambridge, Leeds and Dublin. This acquisition will take our headcount to more than 470, including over 140 attorneys.
TLIP employees based in Leeds and Dublin will join their new colleagues in our existing offices in these cities, while the Cambridge office will provide a new location for the expanded Murgitroyd group to service clients located in one of the UK’s leading innovation hubs, Chesterford Research Park — home to many leading biotechnology, pharmaceutical and technology R&D companies.
Dr Alex Turnbull, Managing Director at TLIP, said:
“TLIP has grown consistently over recent years and we have reached the point where, in order to continue to develop our client offering, scale becomes increasingly important. Murgitroyd’s client focused approach, coupled with its breadth of capacity and capability, means that we can offer our clients an even more comprehensive service that puts IP protection at the heart of their business strategies.
“We have an expert team of attorneys whose development will undoubtedly be enhanced by working with some of the world’s most innovative organisations — from large, multinational tech and life sciences businesses to emerging, fast-on-their-feet start-ups and scale-ups at the leading edge of innovation. I look forward to this next chapter in the development of TLIP with great optimism.”
Gordon Stark, Chief Executive Officer at Murgitroyd, said:
“We are passionate about helping clients to protect and realise value from their intellectual property and the acquisition of TLIP further enhances our ability to deliver this. TLIP is a business with strong links within the growing UK-based technology and biotechnology sectors which, as we saw during the pandemic, are at the cutting edge of innovation.
“I am confident that by combining TLIP’s specialist knowledge and expertise with Murgitroyd’s broader offering, we will deliver even greater strategic value to our clients.”
The leading IP consolidator
The acquisition of TLIP follows our acquisition of Glasgow-based Creation IP — specialists in start-up, spin-out and scale-up businesses — in April 2022; UDL Intellectual Property — the highly respected UK-based IP practice — in November 2021; and Hanna Moore + Curley — one of Ireland’s leading patent and trade mark attorney firms — in September 2021.
This further enhances our status as the IP industry’s leading consolidator.