The boss of Nelsons law firm has told BusinessLive why the time was right to bring in private investment to help the firm with the next stage of its growth plans. Chief executive Stewart Vandermark said the backing would allow it to grow its legal offering in the SME, private individual and family sectors, and at the same time maintain its existing brand, structure and identity.
He spoke a couple of months after the firm – which has around 150 staff at its central office in Nottingham, about 40 in Leicester and more than 50 in Derby – was acquired by national law firm Lawfront. The acquisition doubled the size of Lawfront, which was only founded in 2021, taking it to annual revenues of more than £40 million.
The new owner was set up by London-based Blixt Group, which invests in mid-market companies across Europe.
