Quindell acquires law firm

Insurance outsourcing firm Quindell Portfolio yesterday announced the acquisition of personal injury claims specialist Pinto Potts for an initial payment of £1.5m, with a further £1.5m and shares to follow. Fast-growing Quindell has been on a spending spree, snapping up four firms in the last month. Yesterday it reported turnover for the first nine months of the year hit £95.7m, with adjusted EBITDA of around £29m.