Business managing 20,000 northern homes is snapped up by investor
A residential property management company responsible for 20,000 homes across 500 sites in northern England is being bought by a private equity investor.
Equistone Partners Europe has signed an agreement to acquire FirstPort from Epiris and Chamonix Private Equity.
FirstPort employs at least 3,000 people and manages a total of 196,000 residential properties across more than 3,900 developments throughout the UK.
The financial terms of the deal have not been disclosed and completion of the transaction remains subject to approva... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...