Award-winning law firm, Higgs LLP has successfully advised on a management buy in for Birmingham-based financial services company, Margetts Wealth Management.
The move, which was led by Higgs Corporate Partner, Joel Nixon, saw two Directors at Margetts take equal shares, to join current owner, Kevin Smith at the helm.
Margetts Wealth Management clients include business owners, professionals, accountants and lawyers across the region.
Speaking on the success of the deal, Joel commented: "At Higgs we invest in long-term relationships and Kevin Smith and the Margetts team are a fine example of that, as we have supported many of each other's clients over the years. It was a pleasure to support to Kevin in taking this step and the business is well placed for a bright future with him, James and Ian working together as partners."
Kevin Smith, Managing Director at Margetts Wealth said, “I received great support and service over and above from the excellent Joel and the team at Higgs, and a cross support of advice from Richard Fergusson on the structuring side.“
The Higgs Corporate team is currently ranked 1st in the Midlands for M&A deals according to Experian. It is also ranked 9th nationally – the only regional firm to feature in the top 20.
