Spirant Group will use funding from the independent asset manager BOOST&Co to support its international growth plans

Spirant Group has secured funding from the alternative lender BOOST&Co to support the business in its international expansion and ongoing growth. The investment will be used to develop the firm’s outsourcing strategy and legal-tech offering and is anticipated to provide a single funding solution across the entire group that will enable growth in all areas of the organisation.

The Liverpool-based group is a multi-service legal, technology and medical services organisation that supports clients across the UK, USA, and Australia. This year, the group is celebrating its ten year anniversary and has grown from being just a single law firm to now including operational outsourcing business Novus Claim Solutions and tech support business Zeus Tech Solutions, which was highly commended in the Technology Enabler of the Year category at the British Conveyancing Awards 2022.

BOOST&Co has chosen to work with Spirant Group as the firm has ambitious expansion plans that fit with the lender’s ethos. Spirant Group has grown into a multi-national, multi-discipline group with a solid long-term strategy to deal with a shifting regulatory and financial environment.

BOOST&Co is a leading provider of growth capital for innovative, fast-growing UK SMEs.

The independent asset manager offers flexible term loans, covering a wide range of sectors, with a strong track record in technology, media and telecommunications (TMT). It has funded more than £500m across more than 130 deals to date and provided close to £200m under the government’s CBILS initiative to support SMEs during Covid-19.

Oliver Reece, the principal at BOOST&Co who led this deal, says:

“Over the past decade Spirant Group has perfected its business model and is now rolling out the services and legal tech it developed through this period, to other firms around the world.

“Expansion into new territories and broadening of the service offering in the UK is exactly the kind of growth that BOOST&Co is proud to support.”

Simon Gibson, CEO at Spirant Group, says:

“The funding from BOOST&Co has enabled us to take active steps to push the international expansion of our group.

“As we celebrate ten years in operation, we’re grateful to the team at BOOST&Co for working closely with us, listening to our needs and assisting us in achieving our next stage of growth. We are confident that with this funding, Spirant Group can continue to provide the very best legal, tech and medical services to even more clients across the globe.”

For more information about Spirant Group visit spirantgroup.com

For more information about BOOST&Co, visit boostandco.com