Investcorp has acquired Stowe Family Law, the UK’s largest specialist family law firm, to enhance its growth strategy and technological capabilities.
Information on the Target
Investcorp has acquired Stowe Family Law, the largest specialist family law firm in the United Kingdom, from the investment firm Livingbridge. Founded in 1982 by Marilyn Stowe and headquartered in Leeds, Stowe Family Law has rapidly evolved into a technology-enabled legal entity. The firm specializes in a range of practice areas, including divorce, financial settlements, child law, mediation, nuptial agreements, adoption, and international family law. Over the past two years, Stowe Family Law has more than doubled its operations, now serving 5,000 clients annually through 90 locations across the UK, and boasting a staff of nearly 400. In the fiscal year ending March 2024, the company reported an annual turnover exceeding £37 million.
Industry Overview in the United Kingdom
The family law sector in the UK is experiencing significant transformation, with a growing demand for legal services that are both accessible and efficient. Increasingly, clients expect law firms to integrate technology into their services to streamline processes and enhance user experience. This shift is evident in the rise of technology-enabled family law firms, prompting traditional practices to adapt to remain competitive. The integration of digital solutions allows firms to manage larger caseloads while maintaining high standards of service.
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Furthermore, societal changes, including evolving family structures and an increase in divorce rates, have heightened the demand for specialized family law services. High net worth individuals and families are particularly inclined to
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Investcorp
invested in
Stowe Family Law
in 2024
in a Management Buyout / Buy-In (MBO) deal
Disclosed details
Revenue: $46M