Slaughter and May is advising OpenGI, one of UK and Ireland's leading suppliers of business-critical software and services to the general insurance market, and its principal selling shareholders (including Peter Cullum) on the sale of OpenGI to Montagu Private Equity. Montagu Private Equity is investing alongside the current management team of OpenGI. The transaction, which was announced on 18 August 2014, is subject to regulatory approval and other customary conditions.

CONTACTS

Corporate and Commercial: Richard Smith (partner), Shalini Shanthikumar (associate), Praajakta Pargaonkar (associate), Edward Steward (associate), Lauren Pringle (associate); Tax: Gareth Miles (partner), Michael Ringer (associate); Financing: Ed Fife (partner), Matthew Podger (associate); Competition: Anna Lyle-Smythe (partner), Emma Waterhouse (associate).