Aliter-backed legal group expands footprint

A Manchester-based legal group is expanding its national presence. 

Aliter Capital LLP’s legal services portfolio company has completed its investment in London-based commercial law firm Carter Bond for an undisclosed sum. 

The deal brings Carter Bond into the group alongside BBS Law, which joined the portfolio in 2024.

Bosses say the deal will bolster the group’s scale-up strategy by expanding regional coverage, enhancing existing services and adding complementary offerings, reflecting Aliter Capital’s ambition to create a leading national legal services provider.

Dov Black, managing partner of BBS, said: “From our first meeting with Carter Bond, our shared vision in terms of culture, ethos and values was very evident. 

“There is a great fit between BBS and Carter Bond, and we also believe strongly that their arrival brings significant additional experience and resources to help us accelerate the next stage of the group’s development.”

Reena Popat, managing partner of Carter Bond, which specialises in commercial and corporate law, with particular expertise in healthcare, added: “After ten years of sustained organic growth at Carter Bond, this move comes at an ideal time. 

“We are enthused about the opportunity to become part of this exciting journey to create a UK market leader and we look forward to realising the new opportunities it will bring for our clients and colleagues at Carter Bond.”

The combined group will now operate from Manchester and London, serving a diverse client base, including ambitious small and medium-sized businesses, entrepreneurs, and high-net-worth individuals.

James Davies, partner at Aliter Capital, added: “This deal enables BBS to add attractive specialisms to its portfolio of services and extends the group’s regional footprint. 

“Through our deep-seated knowledge and experience of BBS’ main target markets, we will continue to support the continued drive for growth and provide access to capital for further expansion.”

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