Right Legal Group has secured growth investment from Vespa Capital
Arrowpoint Advisory’ Business Services sector team has advised the shareholders of Right Legal Group on securing growth investment from Vespa Capital.
Right Legal Group provides will writing and probate legal services across the UK and is transforming the way people think about creating and managing their legacies. 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.
Over the last 10 years, Right Legal, a fully SRA regulated law firm, has established its position as a differentiated and advisory-led service provider ideally placed to reshape how individuals make their wills. Right Legal has an ambitious growth strategy to capitalise on the market opportunity by investing 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 knowledgeable and professional staff are passionate about providing tailored advice to its clients. Right Legal is also delighted to welcome 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 commented: “Our experience of working with the Arrowpoint Advisory team (Barry, Ollie & Ellen) has been exceptional from start to finish. They really took the time to capture our key objectives at outset as well as understand the technical and cultural aspects of our business. The work they have put into finding the right partner to match our ambitions and objectives has been phenomenal and they have become an extended part of our team during this period. Nothing has ever been too much trouble for them and I could not recommend them more.”
Ollie Chambers, Assistant Director at Arrowpoint Advisory, highlighted: “Carrie, Mike and Keith have built an outstanding business over the last decade and we are delighted to have advised them on a transaction that recognises the culmination of these many years’ of hard work. Right Legal’s multi-award winning service offering, exceptional team and very scalable model stood out in a sector ripe for disruption, making this a very attractive opportunity for an ambitious investor. We wish them all the best and look forward to following their progress alongside Vespa as a supportive partner over the coming years.”
Barry Sheehan, Managing Director at Arrowpoint Advisory, concluded: “This transaction was an excellent example of our ability to add real value for a fast growing, disruptive business and we are very proud to have achieved this outcome for Carrie, Mike, Keith and the wider Right Legal team. In Vespa Capital Right Legal have found a great partner to continue on its exciting growth journey with, and we look forward to working with them closely in the future.”
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