Fisher may take Towry Law public

A public listing could potentially generate millions for high-profile CEO Andrew Fisher and the firm’s private equity backers Palamon Capital Partners. The Independent reports Fisher is thought to have agreed a potentially lucrative contract with Palamon, which links his personal equity stake in the firm to its performance. In the year to 31 December 2007 the company enjoyed a record period of organic and acquisitive growth, including a 45% increase in earnings (EBITDA) to £9m, from £6.2m in 2006. It also reported a 34% increase in recurring income to £28m, up from £20.9m. The group mad...