The specialist insurance firm will use the proceeds to fund its expansion.
June 16, 2022 at 06:00 PM
3 minute read
Correspondent, Sydney
Australian and New Zealand law firm Wotton + Kearney has sold a 30% stake to local private equity firm Straight Bat to fund its expansion.
As part of the unusual deal, Straight Bat will appoint two non-executive directors to the specialist insurance firm’s board to provide insight and “challenge our traditional thinking,” Wotton + Kearney said.
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