Slaughter and May is advising Bain Capital (“Bain”) on its strategic investment in The Openwork Partnership (“Openwork”). Following completion of the transaction, Bain will hold a minority stake in the Openwork group, with the majority ownership being retained by the Openwork Partners (which includes the principals of the network’s 860 advice firms). Openwork is one of the UK’s largest financial services networks and Bain’s investment will support its strategic growth plans, enabling the business to capitalise on its unique market position across the wealth, mortgage, and protection advice sectors.
The transaction remains subject to regulatory approval and is expected to complete in H1 2025.
Corporate
Robin Ogle
Partner
Paul Mudie
Partner
Ed Horner
Associate
Sophie Winton
Associate
Caroline Carney
Associate
Julia Routledge
Associate
Financial Regulation
Tax