GLOBAL: Shariah compliant alternative investments firm Arcapita Group Holdings acquired a majority stake in Trustpoint.One, a provider of tech-enabled legal services in the US. Serving Top 100 law firms and Fortune 500 companies, this alternative legal service provider offers a suite of legal services – including eDiscovery, managed review, legal staffing and cyber security solutions. The US legal services market is estimated to be valued at over US$400 billion – it is viewed as a recession-resilient sector with strong fundamentals, as it is generally insulated from macroeconomic trends, Arcapita said.
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