SOUTHPORT-based consumer law firm, Fletchers, has been bought out by private equity investors.
Fletchers Solicitors, which was established in the town in 1987 by Rob Fletcher, was bought by an affiliate of Sun European Partners on October 20. The company has offices in Southport and in Manchester, and currently employs 500 people.
Rob Fletcher, founder of Fletchers said: “ I feel that now is the right time for me to pass the baton on to the next generation. I believe that our management team, backed by Sun, have the ability to take the business to the next level and I will be just as proud watching the future development of Fletchers from the sidelines.”
Alexander Wyndham, vice president at Sun European, added: “We are excited to partner with the firm and accelerate its substantial historic growth.”