TA Associates and Partners Group-backed Emeria completed the acquisition of a majority stake in FirstPort from Equistone.

TA Associates and Partners Group-backed Emeria, a provider of residential real estate services, completed the acquisition of a majority stake in FirstPort, a UK-based residential property services company, from Equistone, an independent investment firm. Financial terms were not disclosed. “Our partnership with Equistone has been hugely beneficial for FirstPort and crucial to the major strides we’ve made in the scale, service offering and digitalisation of our business in recent years. We’re now extremely excited to be joining Emeria, the European leader in residential real estate services. We will continue to run the business according to the same key principles as before, focusing on delivering for our customers and clients while evolving our technical capabilities to ensure we remain at the forefront of the market," Nigel Howell, FirstPort CEO.