• Home »
  • Global view »
  • Plexus Law transferred back to founder buyout group

Plexus Law transferred back to founder buyout group

By Neasa MacErlean

26 November 2015 at 09:00 BST

Plexus Law, the defendant insurance arm of the Alternative Business Structure group Parabis, has been transferred back with its 900 staff to founder Andrew McDougall and colleagues.

Cantemir Olaru

The buyout team includes Andrew McDougall (who becomes chief executive), Nick Addyman (consumer director) and Tim Roberts (commercial director). The deal was completed on Tuesday - a swift conclusion after Parabis went into administration on Monday. 

Moving fast

Andrew McDougall said: 'We had a unique opportunity to acquire Plexus Law, but needed to move fast.' Source: Legal Business


Also read...

LawAdvisor in start-up acquisition

Firm invests in legal automation with acquisition of early-stage consultation startup Kobi.ai from Mills Oakley.