The deal strengthens Openwork's ability to accelerate its growth, adviser succession planning, recruitment, technology development, and service expansion. It also unlocks new capital through a revised '35m revolving credit facility with Santander. The combined equity and debt package will fuel Openwork's ambition to become the UK's leading holistic financial advice network. Openwork CEO Philip Howell welcomed the partnership, calling it 'an exciting chapter with a real sense of optimism and growing momentum.' He emphasised the firm's commitment to expanding its adviser base, improving client services, and building long-term value for all stakeholders. Bain Capital brings significant global experience in the financial services sector, having invested in similar businesses across the US and other markets. Lieskovska said the firm looks forward to leveraging its expertise to support Openwork's growth journey, with a focus on delivering exceptional value for clients, colleagues, and...
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