Birketts completes another successful instruction for YFM
9 May 2023
UK Top 50 law firm Birketts has advised YFM on its successful investment into London Drainage Facilities (LDF).
Founded in 1982, YFM is an independently owned private equity investor transforming SMEs through investment. With over £420m of funds under management, YFM specialises in facilitating management buyouts and securing growth capital opportunities for businesses across all sectors. Boasting a strong regional office network, YFM oversees venture capital trusts as well as private equity funds.
LDF, established in 2006, has fast become one of London’s leading providers of planned, emergency and drain repair services. The business has built an impressive base of hospitality, facilities and property management, social housing, education and healthcare customers.
The Birketts team acting for YFM was led by Adam Jones, Head of Private Equity, alongside Alex Forwood (Corporate), Tom Utting (Corporate), Nick West (Employment), Karl Pocock (Corporate Tax), Robbie Watson (Corporate Tax) and Charles Thackeray (Real Estate).
Adam Jones, Partner in Birketts’ Corporate team commented: “Working alongside YFM again on its investment into LDF represents another fantastic step for the Private Equity team at Birketts and our growing relationship with YFM.
“Being able to work alongside the excellent team at YFM as this deal came together was a privilege and we’re very much looking forward to seeing how the partnership grows.”
David Wrench, partner at YFM said: “We are very excited for this next chapter for both YFM and LDF. Danny has built an impressive business with LDF and with the support of our team we will be looking to push their success even further.
“Following our previous experience with Adam and the Birketts team, working with the firm on this deal was never in doubt. Once again, Birketts showed an exceptional level of service throughout the entire process, really enhancing its reputation as a ‘go-to’ firm for future deals.”