Our corporate team have advised Shard Credit Partners on their signing and completion of a £12 million senior secured unitranche loan facility in support of the management buy-out of Jackson Lees Group Ltd and to finance the buy-and-build acquisition strategy to be executed by the group.
JLG was founded in 2017 following the merger of Jackson Lees and Broudie Jackson Canter. JLG is a leading legal services firm in the North West of England, providing individuals and commercial clients with high-quality services across clinical negligence, residential property, court of protection, wills, trust and probate and a range of other sectors.
Andrew Madden, partner at Gateley Legal, said: "We are pleased to have supported Shard Credit Partners on its investment in JLG, having previously advised in relation to its four prior investments. The breadth of our regional offering and familiarity with Shard meant that we were able to mobilise a team to undertake legal due diligence of a complex business and document the investment in a short timescale."