Aliter backed legal services group completes investment in Carter Bond

Deal supports scale-up strategy to create a UK leader with a national footprint

Aliter’s legal services portfolio company has completed its investment in commercial law firm Carter Bond for an undisclosed sum.

Carter Bond now becomes part of the existing group alongside BBS Law (BBS) which completed its investment from Aliter last year. The emerging group is rapidly growing to become a UK wide legal services provider, offering a full range of services to a customer base including high-growth, ambitious small-to-medium sized businesses, entrepreneurs and high-net-worth individuals.

North London based Carter Bond specialises in commercial and corporate law, with particular strengths in the healthcare sector. The firm has a consistent track record of impressive organic growth across the UK.

This transaction is a further investment in the Aliter-backed legal services group, since it completed the investment in BBS in October 2024.

Dov Black, Reena Popat and James Davies

Dov Black, Managing Partner and Head of Corporate, BBS said: “There is a great fit between BBS and Carter Bond, and we also believe strongly their arrival brings significant additional experience and resources to help us accelerate the next stage of the group’s development.”

Reena Popat, Managing Partner, Carter Bond, said, “After ten years of sustained organic growth at Carter Bond, this move comes at an ideal time. We are enthused about the opportunity to become part of this exciting journey to create a UK market leader and we look forward to realising the new opportunities it will bring for our clients and colleagues at Carter Bond.”

James Davies, Partner, Aliter Capital added: “Through our deep-seated knowledge and experience of the group’s main target markets, we will continue to support the continued drive for growth and provide access to capital for further expansion.”