Apiary Capital backed Radiant Financial Group advised by Browne Jacobson on new debt facility to fund growth strategy.
UK and Ireland law firm Browne Jacobson has advised Radiant Financial Group after it entered into a new debt facility to fund its buy and build strategy. The financial advisory market is highly fragmented and represents a compelling buy-and-build opportunity as increasing regulation is driving consolidation and creating barriers to entry. This new funding will enable Radiant Financial to push on with its ambitious growth plans.
Leicestershire-headquartered Radiant Financial is a national independent financial advisory group, with recently established platform technology and discretionary fund management capabilities. The group provides access to a comprehensive range of wealth management advice, solutions and services to a high quality individual and corporate clients.
The Browne Jacobson team was led by banking & finance partner, Paul Ray and included senior associate Melanie Hilton, associate Beth Nixon and specialist lawyers from the firm’s wider Financial Services & Insurance practice.
Thomas Alldred, Investment Director at Apiary, said: “We are delighted to have secured this funding to support the next exciting stage of Radiant’s growth strategy, and the support from Browne Jacobson was invaluable throughout.”
Paul Ray said: “This strategic move presents huge opportunities for Radiant Financial to broaden and deepen its already excellent market-leading range of services and reflects the growing confidence in the transactional market and appetite for funding acquisitions.
“We are proud to have delivered this transaction with specialists from our banking & finance, corporate and FS teams.”
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