Law firm HF has announced that private equity firm CBPE has completed its minority stake investment in the business, which was initially made public in December last year. HF said the investment would accelerate its growth strategy and help it realise its goal of becoming the leading technology-driven legal services provider to insurance companies and corporates. HF is structured as a limited company and will retain the majority stake in the business.

Ronan McCann, CEO and managing partner at HF said: “We’re excited to receive regulatory approval to complete this deal which will fast forward our growth plans as well as our investment in innovative technology, our service and our people. We’re now looking forward to working with CBPE as a trusted partner who shares our ambition as well as having a culture and values that align with ours.”

Richard Thompson and Naveen Passi, partners at CBPE, added: “Having received the necessary approvals, we’re now looking forward to working with Ronan and the leadership team at HF to help accelerate their growth plans.