LONDON, April 21, 2026 – Proskauer advised Sovereign Capital on its sale of Affinia, a rapidly growing and fully integrated UK-based accounting services platform, to RedBird Capital Partners ("RedBird").
The transaction marks the expansion of RedBird's growing financial services portfolio, as well as the exit of current Affinia investor Sovereign Capital Partners.
In the near term, Affinia will focus on investing in additional talent and capitalizing on expansion opportunities in the UK accounting space, through both targeted acquisitions and organic business development.
Affinia's purpose-led, purpose-built platform specializes in servicing small and medium-sized businesses. The company has capitalized on growing demand for streamlined solutions to drive accretive growth and successfully integrated 15 like-minded firms to date, most recently adding three practices of UHY Hacker Young.
The Proskauer team was led by partners Andrew Wingfield and Adam Creed (Private Equity M&A) and included associates David Hill and Laura Haddigan (Private Equity M&A). The team also included partner Barry Newman and associates Antonia George andAnnet Matebwe (Finance); partners Robert Gaut and Richard Miller and associate Luis de Freitas (Tax); partner John Verwey, special counsel Rachel Lowe and associate Michael Singh (Regulatory) and associate Calum Paton (Antitrust).
Proskauer's market-leading private equity team advises top-tier sponsors on complex deals across sectors - especially in people-driven and regulated industries like financial services, consulting, human capital, professional services, and employee-owned or founder-led businesses. We deliver industry-leading work where regulation, reputation, and talent retention are key. From platform acquisitions to exits, we guide clients through the full investment lifecycle. With deep sector insight and cross-border execution strength, we get deals done - fast, precisely and with impact.