GRESHAM HOUSE BACKS GREENWOODS LEGAL IN STRATEGIC GROWTH DRIVE
A major deal has been completed in the UK legal sector as growth equity investor Gresham House Ventures invests in Greenwoods Legal Services Limited, a fast-growing law firm with offices in London, Cambridge and Peterborough. The transaction, advised by Mills & Reeve, is expected to accelerate Greenwoods’ expansion plans and technological transformation.
Greenwoods has recorded close to 45% growth over the past two years, positioning itself as one of the country’s fastest-rising independent firms. The new funding will support its continued expansion, including the rollout of advanced legal technology such as AI-driven systems, enhanced sustainability initiatives, and new learning and development programmes for its teams.
The firm’s leadership structure will also evolve as part of the investment. Rob Dillarstone will continue to lead the firm, stepping into the role of Chief Executive Officer, while Clare Harris will take on the dual role of Managing Partner and Chief Operating Officer. Joining the board are Graham Coxell as Independent Chair and Mark Stroud as Non-Executive Director, both of whom bring significant experience in scaling professional services businesses organically and through acquisition.
Commenting on the transaction, Greg Blin, Investment Partner at Gresham House Ventures, said: “We are delighted to partner with Greenwoods, a firm with a strong track record and a clear vision for the future. Our investment will support the business’ plans to innovate and grow – both organically and through acquisitions – while maintaining the culture and values that has already set it apart. We were delighted with the commercial and responsive support provided by Mills & Reeve throughout the transaction.”
The advisory team at Mills & Reeve was led by Corporate Partner Ryan Hawley, supported by Principal Associates Christina O’Brien and Hayley Simonds. Reflecting on the deal, Hawley said: “This is another excellent investment by Gresham House Ventures – a deal that perfectly complements its investment thesis of backing fast-growth and scalable businesses that are digitally driven and stretch the boundaries in their chosen sectors. We’re delighted to have worked alongside the team and look forward to watching the new investment partnership flourish.”
Greenwoods Legal Services provides specialist legal advice to businesses and individuals across sectors including agriculture, charity, education, media, and pharmacy. The partnership with Gresham House Ventures is set to strengthen its position in a competitive marketplace by embedding innovation and sustainability at the heart of its strategy.
