DLA Piper advises August Equity on investment in Superbia

DLA Piper has advised August Equity on its investment in Superbia Group, a leading vertically integrated financial advisory group headquartered in the UK with support operations in Chennai, India. The investment, made alongside the existing management team, marks the first institutional equity capital into the business since its formation.

Founded in 2019, Superbia provides high-quality, independent financial advice to over 2,500 clients across the UK. The business brings together financial advice, discretionary fund management and in-house investment solutions under one group.

The investment will support Superbia’s ambitious growth strategy, accelerating both organic expansion and targeted acquisitions to broaden its national footprint and enhance its client proposition.

August Equity invests in high quality, service-orientated businesses in the UK and this investment marks the third from August Equity fund VI.

The DLA Piper team advising on the deal was led by Corporate partner Richard McGlasham with support from senior associate James Sampson, associate Matthew Manwaring and trainee solicitor Alice Stubbings.

Commenting on the investment, DLA Piper Corporate partner Richard McGlasham said: "We have worked alongside August Equity for over ten years and are delighted to have supported the team on its investment in Superbia. August has a fantastic track record of investing in professional and financial services businesses and we are excited to see the next stage of Superbia's growth".

Kishan Chotai, partner at August Equity, adds: “We are delighted to partner with Stefan and the Superbia team to help them accelerate their exciting growth plans. It was a pleasure working alongside Richard and the DLA Piper team again and we're grateful for their support throughout the transaction".