Southport law firm Fletchers Group is continuing its aggressive growth strategy as it splashes the cash on acquisitions across the UK.
Four years after its takeover by private equity outfit Sun European Partners, Fletchers has made a big leap towards its target of £100m-a-year turnover in its latest accounts just published on Companies House.
In the 12 months to April 30, 2025, Fletchers saw revenues rise more than 32% to just shy of £77m. At just over £7m its pre-tax profits fell from £8.3m last year. This was due to increased marketing spend and one-off costs relating to recent acquisitions.
Now employing more than 1,100 people the firm, which specialises in clinical negligence and personal injury, has completed multiple acquisitions over the past year or so, committing more than £20m to its expansion drive.
In August it spent £6m on the personal injury division of national firm Shoosmiths with a further payment of £6m deferred until a later date. It will also eventually pay almost £5.5m for Serious Injury Law and Emsley’s Solicitors.
And in December 2024 Fletchers acquired the trade and assets of Cheshire law firm Scott Rees & Co in a deal worth almost £5m. That includes £2m cash upfront and £2.7m in deferred payments.
Chief financial officer Alex Lynch said: “We invest every penny we make back into the business to fuel further growth and enhance long-term value. Our results this year, and indeed every year since 2021, prove the strength of that strategy.”
Fletchers has more than doubled in size since 2021, and now has 10 UK offices, with the North West remaining its operational heartland and the base for a nationwide business supporting clients across England and Wales.
“We’ve grown revenues by around 25% to 35% year-on-year by reinvesting our profits and adding selective M&A. That creates new jobs, strengthens our presence in regional cities, and helps us retain talent in the north.”
Alex added that reinvestment in the business delivered around three-quarters of the firm’s growth organically, with the remainder achieved through M&A.
Fletchers’ clinical negligence practice grew revenues by 22% as it continued to invest in supporting clients seeking fair redress for serious, life-changing injuries.
“Consumer law firms like ours handle thousands of individual cases each year, making them inherently more stable,” said Alex. “That diversity of work gives investors confidence to back long-term, responsible growth.”
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