Origin Equity are now washing its hands of it, they wont pour a single penny more in to it, and presumably have been unable to sell it, ( this being the third PE owner including what was Paribis/Plexus).
I just don't know where they go from here, who will want this basket base of a firm. Certainly not Clydes, 100% not DACB, who does that leave. No PE Investor will go near it, unless EV is discounted to pennies.
What is it about law firms and their inability to manage a business properly or at all.