Equistone to acquire FirstPort from Epiris and Chamonix Private Equity.

Equistone, the European mid-market private equity investor, agreed to acquire FirstPort, a UK residential property management company, from Epiris and Chamonix Private Equity. Financial terms were not disclosed. "In recent years, FirstPort and its talented management team have successfully delivered an impressive growth plan and demonstrated their unwavering commitment to providing high-quality customer service. Our investment in the business will support FirstPort on its comprehensive digital transformation programme and help to further enhance its customer service offering. We look forward to working with Nigel, his team and all FirstPort employees to extend the company’s growth trajectory, by deepening existing client relationships, tapping into other areas of the residential property management market and supporting targeted strategic acquisitions," Tim Swales, Equistone Partner.