Equistone to acquire property manager FirstPort

Equistone Partners Europe has agreed to acquire residential property management company FirstPort from Epiris and Chamonix Private Equity. FirstPort manages 196,000 residential properties across more than 3,900 developments throughout the UK. The company works with developers, investors, freeholders and over 200 resident management companies to provide services to leaseholders. It employs 3,000 people. Tim Swales, partner at Equistone Partners Europe, said: “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