Equistone (Barclays) sells First Assist
Mid-market private equity firm Equistone Partners Europe - previously Barclays Private Equity - has sold after-the-event insurance provider First Assist Legal Expenses for approximately £28m to Burford Capital.
Burford is a provider of investment capital and risk solutions for litigation.
Equistone bought the First Assist Group from RSA in 2003 with management as part of a management buyout. It sold the
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