A private equity-backed serious injury firm is to move into other consumer law services for the first time with an “imminent” acquisition, Legal Futures can reveal.

The news about Southport-based Fletchers, backed by Sun Capital, comes on the back of strong results in the year to 30 April that showed a 32% increase in turnover from £58m to £77m, although profits were down £1m on the previous year at £8.1m.

The figures highlighted the benefit of PE backing, said chief financial officer Alex Lynch.

Sun acquired Fletchers four years ago and has since backed the acquisitions of law firms Cycle SOS, Minton Morill, Serious Injury Law and, at the start of this year, Scott Rees & Co , as well as digital marketing specialist Blume and in March lead generators Claims.co.uk .

In July, it added th

See Full Page