DTM Legal is proud to have advised the shareholders and management of Applewood Independent Limited on its recent acquisition by AFH Financial Group Limited, a leading national financial planning and wealth management firm. The acquisition, completed on 31st August 2024, represents a significant milestone for Applewood Independent, strengthening its ability to deliver exceptional financial advice to clients.
The deal was led by Ed Barnes, Head of Corporate & Commercial at DTM Legal, who was supported by Fredrica Reid, Corporate & Commercial Solicitor, and Melissa Scott, Employment Law Solicitor. This collaborative approach ensured that all aspects of the transaction, from corporate structuring to employment matters, were seamlessly managed, enabling the successful completion of this strategic acquisition.
David Pritchard, Applewood’s Managing Director, said: “For over 25 years, we’ve grown Applewood Independent into the business it is today, and have been looking for a way to enable myself and my wife, Kay, to slow down and enjoy retirement, whilst still being able to deliver the same great service that we have always striven to provide to our clients.
“We have carefully researched the market and the options available for us to do this, and truly believe that in AFH, we have found a company that matches our values and culture, which is to always advise in our clients’ best interests.
“Despite the change, it is very much business as usual. We will continue to operate from our Nantwich offices and provide the same high level of service that our clients have come to expect from us.”
Learn more about Applewood Independent becoming part of AFH Financial Group Limited
Ed Barnes, recognised as a Leading Partner in the Legal 500, brings over 20 years of experience advising on a wide range of corporate and commercial matters, including mergers and acquisitions, intellectual property, and contract law. Commenting on the transaction, Ed said:
“We are delighted to have supported Applewood Independent through this pivotal transition. By working closely with the team at Applewood Independent and drawing on expertise across our Corporate, Commercial, and Employment departments, we were able to deliver a comprehensive legal solution tailored to their specific needs. This acquisition will undoubtedly enhance Applewood Independent’s service offering and open up exciting new opportunities for the business.”
DTM Legal is committed to offering outstanding service and legal excellence, serving our clients as trusted partners to achieve their business goals. Our team of specialists across different areas of law work together to provide tailored, pragmatic advice, ensuring our clients achieve the best possible outcomes.
If you would like advice on mergers and acquisitions, employment law, or any other corporate and commercial matters, Contact Edward Barnes and our team of Corporate and Commercial solicitors by calling 01244 354 829 or emailing edward.barnes@dtmlegal.com.
