"ETL have a specific growth model and investment strategy, providing backing to businesses across the UK, allowing them to flexibly grow long term. I am thrilled to have acted on this highly technical"
Glaisyers Solicitors LLP has represented ETL Global, an international professional services firm, in its investment in leading, top 40, London chartered accountants and business advisors, SRLV.
At a time when Brexit is creating a fair amount of uncertainty – ETL Global continues to invest in UK companies. Showing continued commitment to the UK market with its 28th UK acquisition – the global network is bucking the trend of other international companies by focusing on strong growth of its UK professional services offering.
Glaisyers has a wide depth of expertise and, in recent months, experienced significant growth itself, proving again its ability and expertise to work on high-level SME deals, representing the international group in its UK growth plans.
The firm’s corporate department, led by Akbar Ali, worked closely with key stakeholders, propelling SRLV into its next stage of business, creating the right structure for immediate growth, ahead of its move to larger premises.
Glaisyers is a full-service law firm working with individuals and SMEs in the UK. Glaisyers offers a broad range of specialisms from their Manchester and London offices, including: property, litigation, corporate, commercial, banking and employment, as well as an established private client team.
ETL Global is a worldwide interdisciplinary network of professional services firms, combining tax, legal, audit and accounting services. Its 9,000-strong team of advisors assists more than 200,000 clients from thousands of offices in over 60 countries. ETL Global offers a vast amount of opportunities, tools and a unique platform to companies and entrepreneurs, especially in the SME sector.
SRLV Accountants, opened in 1988, has grown to 15 partners and nearly 150 staff. From their offices in New Bond Street (London W1), they work closely with their clients (SMEs, international entities and high net worth individuals – such as A-list celebrities, athletes and musicians) providing various accounting and business services. The firm’s specialisms include: accounting, corporate finance, tax planning, wealth management and business consulting.
Sara Brassington, managing director at ETL Global UK, said: “SRLV are a top 40 accounting firm in the UK. We are excited to be working with them and to back such an experienced firm. Akbar and his team have supported us throughout the process, getting it across the line smoothly and in good time, paving the way for our broader investment strategy.”
Ali, head of the corporate department at Glaisyers Solicitors – who led the transaction process for ETL, said: “ETL have a specific growth model and investment strategy, providing backing to businesses across the UK, allowing them to flexibly grow long term. I am thrilled to have acted on this highly technical deal bringing SRLV into the ETL network.”
Ali was supported by members of the corporate team, including Liliana Armitage, corporate paralegal, and specialist solicitors from across the firm.
Richard Rosenberg, partner at SRLV, comments: “This is an exciting time for SRLV. Our clients are always our main focus and this move allows us to support them in all kinds of new and unique ways. This was the logical next step for our business, and joining ETL will bring an explosion of positive growth to the company.”
Charles Russell Speechly acted for SRLV and its existing partners.