Manchester-headquartered law firm, BBS Law, said it has secured significant investment from private equity firm Aliter Capital in a deal supported by FRP Corporate Finance.

BBS, established in 1978, now employs 65 people in Manchester and London providing corporate, property, secured lending, private client, employment, litigation and family law services.

Aliter Capital, started in 2016, specialises in providing hands-on support to high growth small and medium sized businesses in the UK support services sector.

BBS said the investment will further support its plans for growth, following two acquisitions in the past two years, as it looks for strategic bolt-ons to expand the firm’s offering across the UK.

Daniel Brecker, director at FRP Corporate Finance, said: “BBS Law is a strong business with a skilled management team, which made it an attractive prospect for private equity investment. In Aliter Capital, it has found a partner that is not only a good fit culturally, but also has the resources and expertise to help the business achieve its ambitious plans to develop through organic growth as well as targeted acquisitions.”

Dov Black, managing partner and head of corporate finance at BBS Law, said: “This deal provides a fantastic opportunity to build national coverage across the UK and create a differentiated brand within the market, while remaining resolutely focused on meeting the needs of our core client base. We believe strongly the added support of Aliter brings significant experience and resources to help us accelerate the next stage of BBS’ development. It’s an exciting prospect and we are enthused by the opportunities this will bring to our clients and staff.”