Appleby Jersey advised August Equity on its investment in Superbia Group, a leading vertically integrated financial advisory group.
Appleby worked with law firm DLA Piper on the investment, as well as on the associated financing aspects, alongside Macfarlanes.
The investment, made with the existing management team, marks the first institutional equity capital into the business since its formation and will support Superbia’s ambitious growth strategy.
The Appleby team advising on the deal was led by corporate partner Andrew Weaver and senior associate Dan Richardson, with support from associates Sam Jaakola and Larissa Dezyk.
Andrew said: “The Appleby team has a wealth of expertise in this area and we are delighted to have supported this investment, which will allow Suberbia to further grow.”
Founded in 2019, Superbia provides high-quality, independent financial advice to more than 2,500 clients across the UK. The business brings together financial advice, discretionary fund management and in-house investment solutions under one group.
August Equity invests in high quality, service-orientated businesses in the UK and marks the third investment from August Equity Fund VI.
