Benchmark International Facilitated the Transaction Between Fisher Jones Greenwood and Blixt
Blixt Group has taken a majority share in 23-partner Essex law practice Fisher Jones Greenwood, in a deal facilitated by Benchmark International.
Fisher Jones Greenwood is a multi-award-
Blixt Group is a private investment firm partnering with lower mid-market companies across Europe. Headquartered in London, the company targets businesses valued between €20m and €200m and has access to over €250m of committed institutional investor funding. Blixt is aiming to invest nationally in the legal sector with the goal of creating a national firm with a turnover of at least £100m in four to five years, with FJG providing a springboard for these acquisitions.
FJG had gone out to market with an eye to succession and received a significant amount of interest from both investors and other law firms. FJG opted for Blixt Group, which has taken a majority share in 23-partner FJG, although the eight equity partners have all retained small stakes and will remain with the firm. Senior partner Tony Fisher is becoming chief executive officer and managing partner Paula Cameron chief operations officer.
Mr Fisher commented: "This is a fantastic opportunity for the firm to continue its growth path and provide opportunities to other firms to be part of a national network.
"We will stick with our key values of integrity, respect and expertise, and with the support of Blixt we want to continue to be known as a great place to work."
Blixt chief executive Carl Harring said: "We were immediately impressed by the quality of the firm and its commitment to innovation and progress alongside excellent client service.
"We are looking forward to help build a strong national group supported by best-in-class technology and process flow."
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