Openwork receives minority investment from Bain Capital

Last October, Openwork revealed at its national conference that it intended to seek a minority investor to support its growth plans. The Openwork Partners voted over 98% in favour of the proposed investment by Bain Capital on 24 October 2024. Nearly 75% of the partner shareholding voted, a record number for the advice network compared to previous partnership voting patterns.  The deal remains subject to regulatory approval and is expected to complete in H1 2025. Openwork said the primary investment from Bain Capital will allow it to capitalise on its "unique market position" across...