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Business advisory firm Leonard Curtis has sold a majority stake in its operations to private equity investor Pollen Street Capital for an undisclosed sum.
The Manchester-headquartered company provides restructuring, legal, funding, M&A advisory and business services to SMEs and corporates across the UK and offshore.
It employs more than 330 staff across 30 offices and works with over 3,000 accountancy practices through its Lifecycle referral network.
Leonard Curtis will continue to be led by chief executive Dan Booth. The investment is expected to support growth through product expansion, technology and acquisitions.
Pollen Street, which specialises in financial and business services and real estate, was supported by Manchester-based private credit investor TDC.
The deal marks an exit for Arete Capital Partners and Svella, which took stakes in the business in 2021.
Advisers to Leonard Curtis included KPMG Corporate Finance, Hill Dickinson, PwC, BDO and Graph.
Jonathan Guest, investment director at Pollen Street, said: “Leonard Curtis is a high-quality business with a proven model, experienced leadership, and has demonstrated strong organic growth in the UK and offshore.”
Booth added: “The partnership and investment from Pollen Street Capital, together with support from TDC, will allow the business to move forward and better execute our plans to grow and develop the group.”
