Our Deal Advisory team recently advised the shareholders of FBC Manby Bowdler (“FBC”), a Wolverhampton-based full service law firm, on the sale to Adeptio Law Group – an investment backed by Horizon Capital.
FBC, a regional full-service law firm employs over 200 people, operating multiple offices across Shropshire, Worcestershire and the West Midlands. FBC offer legal services to both private and commercial clients. Under the leadership of Neil Lloyd, FBC has delivered strong growth organically across all service lines and has made and integrated three acquisitions enabling it to deepen its geographic coverage and expertise.
FBC represents the first acquisition for Adeptio Law Group which operates in an attractive and growing market which is highly fragmented, driven by strong tailwinds due to increasing levels of compliance and technology adoption. A significant consolidation opportunity exists, and Horizon Capital is keen to support the business in playing a leading role in that consolidation.
The Menzies Deal Advisory team, led by Partner John Foundling and supported by Senior Executive James Kidd, advised the shareholders throughout the process. Menzies Corporate Tax Director, Peter Mills, and Personal Tax Director Amy Cole also provided tax structuring and personal tax advice.
ABOUT MENZIES DEAL ADVISORY
Our Deal Advisory team provides hands-on, partner-led advice across a wide range of sectors. For this transaction, our team supported the shareholders of FBC, working closely with our tax, audit and advisory specialists to deliver a seamless outcome.
Our team delivers proactive and pragmatic advice, ensuring that each transaction is structured to achieve the best possible result for our clients, while building long-term value.
