Plexus Law, part of the Parabis Group backed by PE firm Duke Street, is merging with insurance dispute firm Greenwoods. The merger will create a £90 million defendant insurance litigation business.
Parabis also owns Cogent Law and the three businesses in aggregate will be turning over in the region of £150 million, meaning Parabis will be nudging a coveted top 20 UK law firm slot.
The deal is expected to complete this month and the Greenwoods brand will be retained alongside that of Plexus.
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