Fri, 02 Feb 2024 | BUSINESS SALE
Private equity-backed legal firm Fletchers Group has acquired Serious Injury Law, a Bolton-based company that specialises in representing clients who have suffered severe injuries. Following the acquisition, Serious Injury Law will become part of the Fletchers Group, while its brand and offices in Bolton and Cambridge will be maintained.
The company was founded in 1989 and is led by equity partners Matt Dixon, Tim Walters and Ben Priestley. The firm has secured several multimillion-pound settlements for clients and also works in the court of protection and criminal negligence areas.
Integration is likely to be completed after May 1, with several changes taking place among the company’s directors. Fletchers’ Director of Serious Injury Caroline Morris will take overall responsibility for the combined serious injury team, while Fletchers’ Director of Private Client Kate Edwards will lead the combined court of protection team. The clinical negligence lawyers will also become part of the group’s clinical negligence team.
Fletchers Group chief executive Peter Haden said: "This is an important deal for us, in that it reinforces our leadership in serious personal injury and underscores our strategy to strengthen the group by acquiring exceptional law practices with excellent reputations."
"The combination of our existing serious injury practice with our new colleagues from SIL will create the strongest team in the sector, and we are particularly excited to invest behind the reputation and relationships that Tim, Matt and Ben have developed over recent years."
Tim Walters added that consolidation in the serious injury sector was accelerating due to “a wave of reform and subsequent changes to business models which reflect the emerging market landscape.”
The deal is the latest in a series of acquisitions that Fletchers has completed after being acquired by an affiliate of investment firm Sun European Partners in 2021. Since then, the company has acquired Cycle SOS, Minton Morill, Emsleys’ PI division and personal injury and criminal negligence firm Blume.
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