Private equity-owned clinical negligence and PI heavyweight Fletchers is to move into the family law sector with its acquisition of south of England and Midlands-based Raydens. It is the tenth acquisition in four years by the Fletchers Group.
Raydens, founded in 2005 by Katherine Rayden, has grown from its base near St Albans to offices across Buckinghamshire, Essex, Central London and Birmingham. It employs 113 people. Following the acquisition, Raydens will retain its brand, offices, and leadership team, with Katherine Rayden joining the Fletchers Group executive committee.
Peter Haden, Fletchers Group chief executive, said: 'Our strategy is clear: to invest in brilliant specialist firms and help them grow more quickly, help more clients, and strengthen their organisation. We’re keen to apply the same successful approach to Raydens as we have in our serious injury and clinical negligence practice, moving at pace to build a national leader in family law through a mix of organic and inorganic growth.'
Katherine Rayden added: 'This is a fantastic opportunity for us; we are delighted to be joining forces with Fletchers Group. This acquisition will benefit both our colleagues and our clients, whilst retaining our trusted Raydens brand. We will have access to more resources and support in all areas of the business, helping us to accelerate our growth plans and thereby augmenting our capabilities and our offering to clients.
'We share the same values as Fletchers – a commitment to providing the best possible results for our clients, based on industry-leading expertise and first-class client care. This acquisition is the natural next stage in the growth of Rayden Solicitors.
Fletchers Group, acquired by an affiliate of Sun European Partners LLP in 2021, employs more than 1,100 people across offices in Manchester, Liverpool, Leeds, Southport, Bolton, Newcastle, Birmingham, Northampton, Reading and Cambridge.
The deal is subject to approval by the Solicitors Regulation Authority.
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