A specialist search platform for solicitors and a legal tech firm have joined forces with the help of Higgs LLP.
Higgs’ corporate law team advised the shareholders of Legal Bricks as it was acquired by Access Legal.
Legal Bricks, based in Higgs’ hometown of Brierley Hill, offers solicitors a customised online property search platform aimed at speeding up the conveyancing process alongside other anti-money laundering products.
Access Legal, meanwhile, is part of the private equity backed Access Group, which provides legal software for businesses and law firms.
Richard Griffiths, Head of Corporate at Higgs LLP, said: “We were delighted to offer advice, support and assistance to the shareholders of Legal Bricks in this significant milestone for the business.
“Our specialist corporate, corporate tax, employment law, IP and commercial property lawyers were able to help every step of the way, working in conjunction with all parties to achieve a smooth transaction.
“Legal Bricks launched in 2017 and has become a valuable resource for property solicitors and conveyancers. It has a fantastic product and this sale to Access Legal will allow the business to flourish in the years to come.”
All of Legal Bricks’ team of over 40 employees will be joining Access, while founder Mike Connelly will become commercial director in the new set-up.
Mike said: “Access is an exciting software company with a passion for innovation and a customer-centric culture.
"Their decision to acquire Legal Bricks reflects our position as a modern provider of property and conveyancing services to the legal sector.
“Our decision to instruct Higgs to act as our legal representative on this transaction was fully vindicated. Their around the clock efforts and on-hand approach, where Richard and the entire team took the stress out of the process, meant we as business owners could focus on the areas where we were needed. The advice we received was first class!”
Access Group said the acquisition of Legal Bricks complemented its plans to create a digital workplace for law firms, bringing together a suite of legal software solutions and services.