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Private equity takes stake in property management law firm

Brady: Strategic support

A 50-person law firm that specialises in property management work has taken investment from LDC, part of Lloyds Banking Group.

Headquartered in Nottingham with an office in London, Brady Solicitors said the minority backing would be used in part on “targeted acquisitions that broaden its reach and strengthen its specialist proposition”.

The firm, founded by chief executive Clare Brady in 2008, works with freeholders, managing agents, residential management companies and developers across the UK.

It has moved away from hourly billing and instead works on fixed fees based on value.

The firm’s most recent filed accounts, for the year to 31 March 2025, were subject to the small company exemption and just showed net assets of £3.7m.

In a statement, Ms Brady said: “We are the go-to legal partner for managing agents and freeholders across the UK. Our team combines deep specialist expertise with a commitment to delivering the best outcomes for our clients, and ensuring property managers can continue to provide world-class residential spaces.

“Partnering with LDC gives us the backing and strategic support to take the firm to the next stage. They understand our market, share our ambition and bring real experience of helping businesses like ours to scale.

“Their ‘value creation partners’ team can provide technology and data support which will be valuable for us and our clients as we grow. We’re excited about what we can achieve together.”

Simon Peacock, investment director at LDC, added: “Brady Solicitors has built a strong reputation as a trusted specialist adviser to the property management sector.

“Demand for its services is increasing as regulatory reform adds complexity across the market, and Clare and her team are well placed to support clients through that change.”

This is LDC’s third current legal investment, having taken a stake [1] in commercial law firm Harper James last year and in The Barrister Group [2] – the first chambers to take private equity investment – in 2023.

It was invested in insurance law firm Keoghs for seven years [3] to 2020.