Duke Street snaps up 'significant stake' in Parabis
Duke Street bosses have credited an “opportunity to invest in a fast growing, dynamic and fragmented sector” as reason behind its purchase of a “significant stake” in legal and claims management firm Parabis Group.
The deal, which is expected to be subject to SRA approval in the coming months, values Parabis at between £150 and £200m.
Commenting on the acquisition, Duke Street partner Iain Kennedy said: "The
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