Private equity house backs fourth law firm acquisition

Mulderrig: Growing our professional family

The private equity house looking to building a £100m legal services group has made its fourth acquisition with a bolt-on for Lancashire firm Farleys.

The Blixt Group’s legal business, Lawfront Holdings, acquired Farleys last October for consideration that could rise to nearly £18m.

Farleys has now bought Mulderrigs, a two-partner firm specialising in serious injury and professional negligence claims.

Mulderrigs will continue to operate under its own brand and gives Farleys a seventh office in Lancashire and Greater Manchester by adding a presence in Rawtenstall.

Director Paul Mulderrig said: “With access to a wider range of services and resources and the well-recognised brand of Farleys, we look forward to growing our own professional family here in Rawtenstall to continue looking after our clients and their families, and the wider business community across Rossendale.”

Farleys managing partner Ian Liddle added: “This is a great opportunity for Farleys and will unlock many opportunities as we look to build upon the existing well-known brand and quality service that is already associated with the Mulderrigs name in the local community.

“We are continuing to invest in a number of key appointments and service areas which is indicative of our plan to increase presence across the region and grow our firm.”

Blixt entered the legal market is summer 2021 by acquiring Essex law firm Fisher Jones Greenwood, for which Lawfront paid £2.9m in cash plus £1.2m in deferred consideration.

Blixt showed its willingness to support its firms last year when Fisher Jones acquired Essex and Suffolk firm Steed & Steed.

Lawfront says it is looking to build “a leading national law firm through partnering with high quality, likeminded firms concentrating on private clients and services to small and medium-sized businesses”.

It supports firms to develop their businesses “through investing capital and resources in central services, systems and, most importantly, people and culture”.

Leave a Comment

By clicking Submit you consent to Legal Futures storing your personal data and confirm you have read our Privacy Policy and section 5 of our Terms & Conditions which deals with user-generated content. All comments will be moderated before posting.

Required fields are marked *
Email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.


The path to partnership: Bridging the gender gap in law firms

The inaugural LSLA roundtable discussed the significant gender gap at partner level in law firms and what more can be done to increase the rate of progress.

Why private client solicitors should work with financial planners – and tell their clients

Ever since the SRA introduced the transparency rules in 2018, we have encouraged solicitors to not just embrace the regulations and the thinking behind them, but to go far beyond.

A paean to pupils and pupillage

To outsiders, it may seem that it’s our horsehair wigs and Victorian starched collars that are the most unusual thing about the barristers’ profession. I would actually suggest it’s our training.

Loading animation