Latham Advises CVC on Partnership With OpenRent

Latham & Watkins has advised CVC, one of the world’s leading investment firms, on a strategic partnership with OpenRent, the UK’s leading property rental platform. CVC will acquire a majority stake in the business, with founders Adam Hyslop and Darius Bradbury remaining significant shareholders and CEO and CTO respectively. The partnership will support OpenRent’s next phase of growth and innovation as it continues to transform how landlords and tenants rent homes in the UK.

The Latham team was led by London partners Ross Allardice and Suneel Basson-Bhatoa, with associates Devdeep Ghosh, Jonathan Lin, Catherine Fellows, and Ella Higgins. Advice was also provided on finance matters by London partners Charles Armstrong and Julie Van der Meersche, with associates Khayam Amin, Aiko Wadley, and Jack Holmsen; on tax matters by London partners Helen Lethaby and Simon Skinner, with associates Sam Duncan and Joshua James Atkinson; on employment matters by London partner Kendall Burnett, with London counsel Rebecca Fielding, and associates Venice Ma and Sophie Alexandra Timmins; on white collar matters by London partner Clare Nida, with associate Matthew Unsworth; on data and technology matters by London partner Christian McDermott, with associates Irina Vasile, Lorenzo Umberto Meusburger, San Thiri (Christine) Tun, Jia Hao Clarence Cheong, and Oluyinka (Yinka) Ogboye; on real estate matters by London partner Quentin Gwyer, with associate Constandinos (Costa) Thrasyvoulou; on financial regulatory matters by London partner Nicola Higgs, with Mary-Grace Oludoyi; and on ESG matters by London partner Michael Green, with associate James Bee.