- Acquisition of a leading UK-based consumer law firm
- Firm applying founder-owned business experience and buy-and-build expertise to help accelerate growth
Sun European Partners, LLP (“Sun European Partners” or “Sun European”), a leading private investment advisory firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced that its affiliate has completed the acquisition of Fletchers Solicitors (“Fletchers”), a founder-owned, UK-based consumer law firm, specialising in claimant representation for personal injury and medical negligence cases. Terms of the private transaction were not disclosed.
Founded in 1987, Fletchers is one of the leading UK personal injury and medical negligence law firms. With offices in Manchester and Southport, Fletchers puts the individual at the center of all matters, ensuring reliably excellent customer service and outcomes.
Fletchers has historically grown its sales at over 20% CAGR since 2010, has industry leading win rates and is well-positioned to seize the significant opportunities within a highly fragmented and non-cyclical legal services market.
“Fletchers is a well-known and well-regarded brand that has consistently taken market share” said Alex Wyndham, a Vice President at Sun European. “We are excited to partner with the firm and accelerate its substantial historic growth through investment in technology as well as undertaking a buy and build in the legal services space.”
Rob Fletcher, founder of Fletchers, said: “Fletchers has been my life for the past 34 years. I am so proud of what we have achieved in that time and so proud of the people who have been part of that achievement. There comes a time, however, when things have to move on and I feel that now is the right time for me to pass the baton on to the next generation. I believe that our Management Team, backed by Sun, have the ability to take the business to the next level and I will be just as proud watching the future development of Fletchers from the side-lines.”
Julia Tilley / Monique Perks / Jennifer Renwick
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