Browne Jacobson, a UK and Ireland law firm, has provided legal counsel to Aliter Capital in its acquisition of BBS Law, a full-service law firm with offices in Manchester and London. This investment is aimed at supporting BBS Law's growth strategy, which has already seen the firm expand through two successful acquisitions in the past two years.

Aliter Capital, established in 2017, specializes in investing in high-growth small and medium-sized enterprises (SMEs) within the UK business services sector, a market valued at over £300 billion. Unlike traditional private equity firms, Aliter focuses on a limited number of selective investments, allowing for more hands-on support and strategic guidance.

BBS Law, founded in 1978, offers a wide range of legal services, including corporate, commercial, property, and family law, with a particular emphasis on serving high-growth SMEs and high-net-worth individuals. Aliter's investment will enable BBS to pursue additional acquisitions, enhance its regional presence, and diversify its service offerings.

The Browne Jacobson team, led by partner Ryan Brown, included associates who provided expertise in corporate, banking, employment, and tax matters. Brown expressed enthusiasm about the transaction, noting the firm's increasing involvement in professional services and the opportunity to strengthen relationships with both Aliter and BBS Law.

James Davies, Investment Director at Aliter, highlighted the firm's commitment to driving growth and providing capital for expansion. He praised Browne Jacobson for their proactive management of the transaction, which was completed on schedule.

This acquisition marks a significant step for both Aliter Capital and BBS Law as they aim to capitalize on growth opportunities in the legal services market.