Posts Tagged ‘deal announcement’

Lawrence Stephens advises Scutum on strategic acquisition of Black Box Group

Posted on: July 11th, 2025 by Alanah Lenten

Lawrence Stephens has advised global security and fire protection provider Scutum UK & Ireland on its acquisition of Black Box Group, a leading integrated fire and security solutions provider based in the Northwest of England.

Founded over 45 years ago, Black Box Group delivers end-to-end fire and electronic security services including system design, installation, maintenance, and 24/7 monitoring. The group comprises Black Box Security Alarm Systems (BBS), INS (Integrated Network Systems), and ESI (Electronic Security Installations), and serves clients across sectors such as education, healthcare, defence, and commercial property.

The acquisition, completed in tandem with a second,  significantly strengthens Scutum’s regional presence in the Northwest, complementing its existing fire detection capabilities and enhancing its strategic account offering across the UK.

The Lawrence Stephens team was led by Corporate and Commercial Head Jeff Rubenstein, supported by Tax Director Leigh Sayliss, Senior Associates Harshita Samani and Krysha Hunt, and Solicitors Avni Patel, Becci Collins and Carla Bernstein.

Jeff Rubenstein commented: “We are delighted to have supported Scutum, a long standing and valued client for Lawrence Stephens, on this important strategic acquisition. The integration of Black Box Group marks a significant step in Scutum’s UK growth strategy, and we are proud to have played a role in bringing this deal to completion. It was a pleasure working with the Scutum team. Their collaborative approach was greatly appreciated and we look forward to supporting them on future transactions”

Richard Jones, Chief Executive Officer of Scutum UK & Ireland, added: “We are extremely grateful to the team at Lawrence Stephens for their expert guidance and commitment throughout the transaction. Their commercial insight and responsive approach were instrumental in helping us complete this important acquisition efficiently and effectively.”

 

Lawrence Stephens advises Fidelius on its investment in Vobis

Posted on: May 9th, 2025 by Natasha Cox

Lawrence Stephens has advised Top 100 financial planning firm Fidelius on its acquisition of a non-controlling stake in Vobis, a London and Yorkshire-based IFA.

Founded in 2013, Vobis, which manages over £140m in client assets, specialises in financial planning for high-net-worth individuals and operates a joint venture with a top 60 accountancy practice in central London. The firm also has a regional office in Leeds.

The deal marks the first investment by Fidelius since Swedish wealth manager Söderberg & Partners took a minority stake in the business at the start of 2024.

The Lawrence Stephens’ team was led by Corporate and Commercial Director Jeff Rubenstein, supported by Associate Harshita Samani, Solicitors Lucy Cadley and Avni Patel, and Trainee Electra Kallidou.

Jeff Rubenstein commented: “While this was our first transaction for Fidelius, this assignment was the latest in a series of transactions we have advised on in the rapidly consolidating Financial Services industry. We very much enjoyed working with the Fidelius team, their energy and ambition very much reflects our own ethos and we look forward to working with them in the future”.

Richard Armstrong, Head of Governance, Risk and Compliance at Fidelius responded: “We are grateful for the advice and support provided by the team at Lawrence Stephens. The team were proactive and responsive, and their can-do approach helped move this important transaction along. Our ambition is to be a top 20 IFA and more acquisitions are likely.”

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