Herrington Carmichael is recognised for its market-leading expertise in high-value transactions and advisory work across the financial services sector. We offer thorough and practical expertise tailored to the specific needs of PRA and FCA-regulated clients and work with a range of acquirers and vendors in the Financial Services sector. These range from the requirements of the Financial Services & Markets Act and the FCA Regulations, to the ways that businesses generate revenue and provide advice to their clients.
Our clients rely on us to advise on their most strategically important transactions, where commercial priorities, regulatory requirements and people considerations intersect. With a strong understanding of the regulatory landscape and the day-to-day realities of operating in a regulated environment, we are able to navigate complex issues and deliver efficient solutions that work in practice as well as in principle.
Our specialist team have extensive experience of navigating these points during a transaction and is able to deliver pragmatic legal solutions to achieve clients’ objectives and the team has been recognised by industry peers, winning the “Best Legal Support to Advisers” award in the FT Adviser Awards in 2024 and 2025.
Recent highlights of the team include:
- £60m sale of retained equity from 12 subsidiaries to national financial advisory consolidator
- £27.5m sale of discretionary fund manager
- £2.7m acquisition of entire issued share capital of independent financial advisory business
- £9m sale of financial advisory division of regional chartered accountancy practice
- £5.5m sale of financial advisory limited liability partnership
