Lawyers help wealth management firm realise growth strategy
Law firm Browne Jacobson has helped a wealth management business raise finance to fund its growth strategy.
Radiant Financial Group has entered into a new debt facility to fund its buy and build strategy as part of ambitious growth plans.
Leicestershire-headquartered Radiant Financial is a national independent financial advisory group, with established platform technology and discretionary fund management capabilities.
The group provides access to a comprehensive range of wealth management advice, solutions and services to a high quality individual and corporate clients.
The Browne Jacobson team advising Radiant Financial was led by banking and finance partner, Paul Ray and included senior associate Melanie Hilton, associate Beth Nixon and specialist lawyers from the firm 's wider Financial Services and Insurance practice.
Thomas Alldred, investment director at Apiary, said: “We are delighted to have secured this funding to support the next exciting stage of Radiant 's growth strategy, and the support from Browne Jacobson was invaluable throughout. ”
Paul Ray (pictured) said: “This strategic move presents huge opportunities for Radiant Financial to broaden and deepen its already excellent market-leading range of services and reflects the growing confidence in the transactional market and appetite for funding acquisitions.
“We are proud to have delivered this transaction with specialists from our banking & finance, corporate and FS teams. ”