24th May 2022
Transaction Services team advise law firm on acquisition of cycling practice
The North West transaction services team advised law firm Fletchers Solicitors on the acquisition of the Cycle SOS brand and the personal injury book of Burnley firm Smith Jones.
It is Fletchers’ first acquisition since the firm was acquired by US private equity firm Sun Capital last October, a move aimed at funding growth of the personal injury and medical negligence practices.
Peter Haden, chief executive of Fletchers, said: “Cycle SOS is a brilliant fit for Fletchers given our long heritage championing the rights of vulnerable road users and representing clients who have been injured on the road.”
Ros Jones and Ed Brentnall of DSW Transaction Services provided financial due diligence for Fletchers. Ros said: “We’re delighted to have acted on this first bolt-on for Fletchers, being both an excellent acquisition and further demonstration of our credentials in the legal sector.”