Leading law firm Freeths has advised the shareholders and management team of Brookbanks Development Group on securing strategic investment from private equity investor CBPE.
Founded in 1997, Brookbanks is a multidisciplinary development consultancy specialising in the planning, design and deliver of complex development and infrastructure projects across the UK. Brookbanks provides a differentiated Development Partner proposition, delivering long-term value across some of the UK’s largest strategic development initiatives.
This transaction will support Brookbanks’ next phase of growth through continued investment in its people, expansion of service capabilities, geographic growth and a targeted acquisition strategy. Brookbanks will continue to be led by CEO Andrew Thorley, Chair Paul Boileau and the existing leadership team.
The Freeths team was led by Corporate Partner Mohammed Abbas. He was supported by Employment Partner Laura Tracey, Banking & Finance Partner James Dyson, Tax Director Alex Angelides, Corporate Senior Associates Kirsty Paterson and Shailen Hinglajiya, Employment Senior Associate Niamh Hogg, Corporate Associate Lasharna Barnett and Tax Associate Megan Woolley.
Commenting on the deal, Mohammed Abbas said: “Brookbanks has built an outstanding reputation as a trusted development consultancy, delivering on significant development and infrastructure projects. This investment marks an exciting new chapter for the business and provides a strong platform for future growth. It was a pleasure to support Paul, Andrew and Richard, and we wish them every success as they embark on this partnership with CBPE. This transaction further demonstrates Freeths’ strength in delivering high-quality private equity mandates and our deep sector expertise in the built environment consultancy market.”
Commenting on the deal, Paul Boileau, Chair of Brookbanks, said: “We’ve worked with plenty of M&A solicitors over the years, but Mo and the Freeths team stood out for their straightforward, can-do attitude throughout. They worked closely with us at every stage, taking the time to talk through issues properly rather than trading endless redlines, all while keeping the deal moving at pace. On top of that, they were simply a pleasure to deal with – no egos, just good people doing excellent work.”