Defendant insurance firm Plexus Law, a subsidiary of Parabis, is to merge with Greenwoods to create a £90m firm.
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Defendant insurance firm Plexus Law, a subsidiary of Parabis, is to merge with Greenwoods to create a £90m firm.
The Lawyer – Latest News
City-backed Parabis Law has become the first firm owned by private equity to be licensed as an alternative business structure (ABS). The announcement today brings to 20 the number of ABS applications to be cleared by the Solicitors Regulation Authority.
Insurance firm Parabis Group is set to receive a £50m war chest to fund up to five acquisitions by the end of this year through an investment from private equity house Duke Street.
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