Announced

Bain Capital to invest in Openwork.

Synopsis

Bain Capital, a private investment firm, agreed to invest in Openwork, a UK-based financial services network. Financial terms were not disclosed. “At our National Conference last October we announced plans to bring a minority investor into the business to accelerate the growth of the Partnership. After a rigorous selection process, Bain Capital stood out as the obvious partner, through a clear alignment with our strategy and a recognition of the importance of our partnership culture. This investment will be transformative for the Partnership. It ensures that we will be able to continue to grow the business and deliver exceptional value and excellent outcomes for our clients and shareholders over the long term,” Philip Howell, Openwork Executive Chair.

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