Start-Ups and Growth Investments
Our market-leading corporate team supports innovative companies at each stage of their journey, from initial start-up right through to liquidity. Having been on that journey many times before, we can add real value for both founders and their investors.


With the right ingredients and support, innovative start-ups and spin-outs can rapidly grow into segment-defining businesses with spectacular valuations. Access to capital and the ability to develop quickly are key.

We work with ambitious businesses and with many UK, EU and US-based investors in structuring and realising their participations in high-growth UK investments. Whether advising founders or their investors, our aim is always to help maximise the company’s potential to achieve a successful outcome for all stakeholders.

Our extensive track record of working with ambitious founders and with the risk-taking investors who back them enables us to help companies grow quickly and efficiently, and so to have the best chance to fulfil their potential. And when the time comes for a liquidity event, we have the experience to ensure that all goes smoothly.

We are also an active part of the entrepreneurial ecosystem, through a number of pro bono mentoring arrangements and our work with various incubators and accelerators.  And we’ve created and launched our own initiative, Start to Scale, to help founders. Start to Scale provides access to essential resources, automated documents, insights from key stakeholders in the business community, and in-person market square events. Find out more here.

Our expertise includes:

  • Spin-outs and start-ups
  • SAFE notes and other angel financings
  • Pre-seed, seed, Series A and beyond (including venture capital financings)
  • Venture debt financings (including convertible debt)
  • Warrant instruments
  • Equity incentives
  • Employment and immigration support
  • Technology transfers and intellectual property protection
  • Collaborations, joint ventures and partnering arrangements
  • Data protection and other regulatory compliance
  • All other “go to market” matters

Alasdair Anderson

Senior Associate

Melanie Belford

Director

Andrew Blain

Managing Partner

George Frier

Partner

Joanne Griffin

Consultant Solicitor

Cameron Kane

Associate

Kirstin Mackay

Senior Solicitor

Cath Macrae

Senior Associate

John Morrison

Partner

Georgia Shirreffs

Senior Solicitor

Euan Small

Senior Solicitor

Donald Smith

Partner

Stephen Trombala

Partner

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Related articles and insights: Start-Ups and Growth Investments

10 December 2025

EMI options – How to get them right

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Following the expansion of qualifying companies for EMI options in the Autumn Budget we look at the most common mistakes made when implementing an EMI plan and how businesses can avoid them.

3 December 2025

The benefits of EMI share option plans and why more companies should take advantage of them

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The Autumn Budget expanded the scope of companies who will qualify for Enterprise Management Incentive Plans. To help those considering this type of employee share option plan, we look at the main motivations behind EMI plans and how they can benefit businesses and employees.

26 November 2025

Some budget good news – EMI employee share option plans improved

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A look into the changes to Enterprise Management Incentives (EMI) employee share option plans is in the Autumn 2025 Budget.

15 September 2025

Vodafone / Three Merger: The competition law implications of starting a joint venture

Contributor: Jonathan Carey

The UK’s Competition and Markets Authority has decided to approve the creation of a joint venture combining Vodafone Group plc and Three UK, after both companies made legally binding pledges to carry out certain ‘behavioural remedies’. We explain the thinking behind the decision, and explore the implications for future joint venture partners.

12 September 2025

Private equity investment into the Scottish legal sector: Where are we now, and what next?

Contributors:
Stephen Trombala, Christina Sinclair

The Law Society of Scotland has set out its approach to the implementation of the Regulation of Legal Services (Scotland) Act 2025 and confirmed that work on regulating licenced legal service providers will be deferred until 2027.

19 August 2025

Understanding growth shares

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Using equity is a tried and tested method to help recruit, retain and incentivise key employees and align their interests with shareholders. One commonly used structure involves 'growth shares'.

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