What's Happening?
BBS Law, backed by private equity firm Aliter Capital, has completed an investment in London-based commercial law firm Carter Bond. This move integrates Carter Bond into a growing legal services group that includes Manchester-based BBS Law. The group aims to provide comprehensive legal services across the UK, targeting small-to-medium sized businesses, entrepreneurs, and high-net-worth individuals. Carter Bond, known for its expertise in commercial and corporate law, particularly in the healthcare sector, joins the group following a period of significant organic growth. The investment is part of Aliter Capital's strategy to expand its legal services portfolio, having previously invested in BBS Law in October 2024.
Why It's Important?
The investment signifies a strategic expansion of BBS Law's capabilities and regional presence, enhancing its service offerings and market reach. By incorporating Carter Bond's specialisms, BBS Law can better serve its target markets, which include high-growth businesses and affluent individuals. This move is expected to strengthen the group's competitive position in the UK legal services market. The backing from Aliter Capital provides BBS Law with the necessary resources to pursue further acquisitions and growth opportunities, potentially reshaping the landscape of legal services in the UK.
What's Next?
Aliter Capital plans to continue supporting BBS Law's growth through additional acquisitions, aiming to expand the firm's regional coverage and service offerings. This strategy involves identifying complementary services and strengthening existing ones to create a leading UK-wide legal services provider. The integration of Carter Bond is expected to bring new opportunities for clients and employees, as the group leverages its expanded expertise and resources.
