Grant Thornton advises LDC

The Barrister Group (“TBG”), based in Taunton, was founded by Stephen Ward and Harry Hodgkin and is a disruptive tech-enabled legal services business focused on the barrister market. 

Following a period of strong growth, the TBG shareholders wanted to partner with a private equity investor that could support them to accelerate their national growth plans and continue to build the business' brand awareness.

LDC secured exclusivity as a result of the strong relationship they had built with the founders and the value add they would bring for TBG.  LDC and the shareholders recognised the potential for a broader management team to support the development of TBG, with LDC using their network to introduce a non-exec, a chairman and CFO.

We advised LDC throughout the transaction by providing comprehensive buy-side support including; project management, deal structuring and negotiations, exit review, financial modelling, and other acquisition advice. 

We worked closely alongside LDC to deliver a successful outcome, using our extensive deal experience to provide pragmatic advice and solutions. We worked seamlessly with our TMT and BSS sector experts to bring additional insights and value add.

Corporate Finance Director Nick Jones commented “It was a pleasure supporting LDC on their investment in The Barrister Group and we are looking forward to seeing how this partnership will help unlock the significant growth potential of the business”.