Travers Smith LLP has advised long-standing client August Equity on its investment in the award-winning full-service law firm Higgs LLP ("Higgs").
Headquartered in the Black Country and with more than 250 employees, Higgs is a leading regional law firm with a legacy stretching back 150 years. August’s backing of the Higgs team will provide capital to focus both on developing its existing people and to continue the recruitment of top-quality talent. Higgs will also pursue M&A opportunities which expand both the firm’s regional and national presence and breadth of service lines.
The transaction marks the fourth investment from August Equity VI which backs high quality management teams in services, software and technology businesses with high organic growth and inorganic potential.
The Travers Smith team was led by Private Equity & Financial Sponsors Partner Emma Havas with support from Senior Counsel Max Conway, Senior Associate Vanessa Kitching, and Associates Katie O'Riordan and Vian Hilli. Specialist tax advice was provided by Partner and Head of Tax Russell Warren.
