Private equity buys majority stake in Stowe

Livingbridge has bought a majority stake in Harrogate-based Stowe Family Law, founded by Marilyn Stowe over 30 years ago.

The law firm, which has 102 staff, has acted for over 20,000 clients and built a network of 10 offices across the UK.

The investment will be used to fuel the growth of the firm by building a larger national footprint, opening up to 30 additional offices over the next five years,

The deal will allow Stowe to explore new opportunities, using her expertise as a family lawyer and campaigner for justice as well as her reputation as a successful businesswoman.

She said: “I will always be involved with the firm, and I am particularly thrilled it will continue to bear my name. It has been my most important ambition for this firm and its clients to thrive following my departure and I have achieved this with Livingbridge.”