Two leading Cardiff firms relocate from the Bay to the city centre

Gambit and Acuity Law have moved into the 3 Callaghan Square office scheme

Two of Wales’ leading professional advisory firms have moved from Cardiff Bay to the centre of the city to support their respective growth plans.

Boutique corporate finance venture firm Gambit and Acuity Law have relocated to the 3 Callaghan Square office scheme, owned by Cardiff-based property developer Rightacres Property.

The firms were both located at the 3 Assembly Square office building in the Bay, but utilised respective lease break clauses to move.

Acuity Law said its relocation follows strong trading with revenues on track to exceed £20m in its current financial year.

Steve Berry, chairman of Acuity Law, said:“Our move to 3 Callaghan Square is a clear, visible sign of how far this firm has come, and the scale of our ambition for what comes next.

2In a world being reshaped by technology and AI, we’re continuing to challenge the traditional ways legal services are delivered. That’s helping us win new clients, attract great people and compete on a national stage.”

Gareth Baker, senior partner, added: “We also see real opportunity ahead: in energy, as investment in infrastructure and the transition to a lower-carbon economy continues at pace; in banking and finance, as businesses navigate a changing funding and investment landscape; and in health and social care, where providers and investors are adapting to major regulatory change.”

On its new location he added: “The new all-electric office space delivered by Rightacres provides us with a great base for our staff and clients and is well connected with our other Acuity offices”

Acuity also has offices in Bristol, Swansea, London and Liverpool.

Gambit said its move to larger offices follows its most successful trading period last year following its establishment 1992.

It continues to expands its team advising on a significant number of high-profile business transactions across the UK and internationally.

Partner Geraint Rowe said: “Our new Cardiff office at Callaghan Square places us closer to many of our clients, peers and the wider professional community, enabling us to foster even stronger relationships while remaining ideally positioned to support businesses throughout the UK and internationally.”

Partner Jason Evans added: “This move reflects the continued growth and ambition of the firm following a record year for Gambit. The new office provides a modern, collaborative environment for our expanding team and represents an exciting investment in the next stage of the firm’s development.”

Other tenants at 3 Callaghan Square include JLL and Grant Thornton.