CBPE announces a significant strategic investment into HF, a leading legal services provider to the insurance and commercial sectors.
CBPE announces a significant strategic investment into HF, a leading legal services provider to the insurance and commercial sectors, subject to regulatory approval.
The investment empowers the next stage of growth for HF, as the leading technology-driven legal services provider in insurance and commercial sectors.
CBPE has acquired a minority stake in HF, providing capital to accelerate the business’ ambitious growth strategy and firmly establish HF as the leading technology-driven legal services provider to insurance companies and corporates.
The HF team will roll over the majority of their proceeds, ensuring a continued focus on the quality of client service, innovative technology and the development of its people with continued employee share ownership, enabled by its structure as a limited company.
HF’s strategy is focused on developing innovative technology for clients, including AI-based technology through its subsidiary HighFive, and investing in market-leading core services to deliver indemnity cost savings and productivity gains for its clients. HF’s approach has driven strong organic growth and increased service offering driven by lateral hires and acquisitions.
Our continued growth over the past few years has naturally attracted interest from outside investors. However, it was always crucial for us to work with an organisation whose values and culture align with ours, making CBPE the perfect partner for us. We’re excited to be stepping into the future with them, their proven track record in the professional and financial services markets, and their dynamic approach will fast forward our ability to grow and invest in our innovative technology, service offering and people. I would also like to take the opportunity to thank Jonathan Boyers and Patrick Simpson of A&M, our corporate finance advisors, for their excellent advice throughout.
HF is an outstanding business led by a very strong management team. The business transitioned from a partnership to corporate in 2021. Under Ronan’s leadership, the business has built a client-centric, growth focused culture. HF is differentiated through its ability to combine highly technical ‘lawyer led’ services and trusted advice with a technology led approach to higher volume work. We are backing the business to continue its strong organic growth, further investment in technology and targeted M&A to expand its service offering. We are very excited about partnering with management over the next phase of HF’s growth.
