Bain Capital takes minority stake in Openwork with £120m investment

Openwork confirms £120m private-equity investment from Bain Capital

The Openwork Partnership has received £120m investment from private equity firm Bain Capital, to help “continue its growth story”.

Bain Capital takes minority stake in Openwork with £120m investment

Investment firm Bain capital has secured a share of up to 30% in financial advice network, the Openwork Partnership, for an investment of up to £120m. The post Bain Capital takes minority stake in Openwork with £120m investment appeared first on Mortgage Solutions.

The Openwork Partnership welcomes Bain Capital as Strategic Investor as Network continues Growth Story - IFA Magazine

The Openwork Partnership (Openwork), one of the UK’s largest financial advice networks, today confirms the completion of the transaction that sees Bain Capital make a significant investment in the group of up to £120 million. The FCA have approved the investment and following Board approval, the Openwork Partnership welcomes Bain Capital into the business with up to 30% ownership, and Elena Lieskovska joining the Board. The proposed deal was ann…