Tuesday, July 23, 2024

Right Legal Group secures growth investment

Derby-based Right Legal Group, which provides will writing and probate legal services across the UK, has secured growth investment from Vespa Capital.

Established in 2014, Right Legal has supported over 30,000 clients through its RightWill service which provides a platform for people to preserve their financial assets and emotional wishes for future generations.

Right Legal has an ambitious growth strategy to invest in technology and product development, augmenting the team, further developing its training academy, and accelerating the organic growth plan through M&A.

Led by an experienced management team comprising of Carrie Caladine, CEO, and Mike Simpson, chief innovation officer, Right Legal’s 160 staff are passionate about providing tailored advice to its clients. Right Legal is also welcoming Derek Mapp who will join as chairman.

Derek has considerable experience as a CEO and chairman of technology-enabled service businesses and was introduced to Right Legal from Vespa Capital’s entrepreneur network. The Vespa Capital deal team included Nigel Hammond, Katya Hawrylak, Luke Burton and Keelin O’Sullivan.

Carrie Caladine, CEO of Right Legal, said: “We are absolutely delighted to be partnering with Vespa Capital. They have a strong track record in helping companies such as ours reach their growth potential and bring a wealth of knowledge and experience that will be invaluable as we commence the next part of our journey.

“Our team have worked so hard over the first 10 years to establish our first-rate service and business model, and we look forward to building on the strong foundations and helping many more clients to preserve their legacies.”

Luke Burton, investment director at Vespa Capital, said: “Carrie, Mike, and the broader team at Right Legal have built a quality-leading, innovative, and differentiated leader in the will writing and probate sector.

“From our first interaction we were continually impressed by Right Legal’s expertise and high standards, their professionalism, and their drive to disrupt and innovate for the benefit of their customers.

“We are excited to support Right Legal’s ambitions by backing their growth strategy and investing in their team, technology, and product development to continue to deliver high-quality customer service.”

Right Legal’s shareholders were advised by Arrowpoint Advisory, Geldards LLP, Mazars LLP and Fairgrove Partners.

Vespa Capital was advised by Squire Patton Boggs, Grant Thornton, CISOselect, Continuum and Lockton UK.

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