Tue, 26 Aug 2025 | BUSINESS NEWS
A law firm based in the West Midlands is set to target growth, including through M&A opportunities, after securing backing from lower mid-market private equity investor August Equity. Higgs LLP, a full-service law firm based in the Black Country, dates back 150 years and employs more than 250 staff.
The company has now secured the fourth investment from August Equity’s Fund VI, which will be used to power the next phase of its growth. August Equity’s backing will provide the Higgs team, led by Managing Partner Nick Taylor, with capital to focus on developing its existing staff as well as continued recruitment.
Additionally, the company will also pursue M&A opportunities that expand its regional and national presence and its breadth of service lines. Higgs has previously completed two small acquisitions, acquiring Lewis Onions in 2024 and M.R. Timms earlier this year.
Nick Taylor said that August Equity’s backing “enables us to expand our services, add resources, embrace innovation, and enter new regions in a rapidly changing legal market — all the while remaining dedicated to delivering legal excellence for our clients.”
He continued: "With August's support, we will build on our longstanding reputation, invest in our people, and sustain the core values that have defined our firm's success for 150 years."
The transaction was led by August Equity’s Kishan Chotai and Katie Beckingham, who commented: “We have invested significant time identifying the right platform in the legal space to invest in and have been consistently impressed by the Higgs team and their ambition for the business.”
"We are looking forward to succeeding together through this exciting upcoming period of growth and consolidation in the market."
Despite the numerous potential upsides offered by M&A-driven growth in the sector, many law firms are hesitant about making acquisitions as they are unsure of how to proceed with deals
This highly profitable law firm located in Greater Manchester boasts a turnover of £1 million, presenting a robust investment opportunity for potential buyers.
This Kent-based practice offers a unique opportunity to form a strategic partnership with an established firm boasting a stable client base and strong reputation, primed for mutual long-term growth.
This well-established accountancy practice in Devon offers a solid foundation with a loyal client base across diverse sectors, ensuring a dependable income stream.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.