Global law firm Freshfields is advising Vitruvian Partners, a leading international growth-focused investment firm, on its strategic co-investment in Walkers Professional Services (WPS), the fund and corporate services arm of Walkers, a leading international law firm.

The partnership will see Vitruvian Partners and Walkers share ownership of WPS and jointly commit to expanding the business, leveraging their combined expertise and resources to accelerate global growth and innovation. The investment will support the roll-out of best-in-class technology for WPS, broaden its service offering and expand its presence in new markets.

Completion of the transaction is subject to customary regulatory approvals.

The Freshfields team is being led by private equity partners Alastair Brown and Tim Wilmot and associate Chelsea Burns, leveraged finance partner Allison Liff and associates Dan Law and Dax Zhang (leveraged finance), partner Giles Pratt, counsel Tony Gregory and Tochukwu Egenti (all IP, tech and separation), partners Claire Harrop (financial regulatory), May Smith (tax), David Mendel (employment and incentives), Ali Kirby-Harris (risk and disputes), and Martin McElwee and counsel Tuna Tanik (both antitrust).