International legal practice Osborne Clarke has advised Flywire Corporation, a global payments enablement and software company, on the purchase of WPM Group Limited, one of the leading software and payments solutions in the UK higher education sector.
The acquisition will build on Flywire’s existing education payments business to scale its global customer base and is expected to further accelerate its market share in the UK education sector, with Flywire estimating payment volume in the UK education sector to be approximately $30 billion. Flywire will augment its existing capabilities with the addition of WPM’s industry-leading software solutions. For Flywire's public announcement, please refer to here.
The Osborne Clarke team was led by Partner Tom Try, with support from Associate Courtney Fowler from the Corporate Team. Partner David Nisbet and Associate Kirsty Poulton advised on tax. Flywire was also advised by Senior Associate Lara Flynn (Employment) and Adeoba Kulepa (Real Estate).
Osborne Clarke’s Corporate team is considered a go-to practice for many companies in the technology sector, and is widely recognized as a leading European law firm for companies operating in the technology, media and telecoms sector, working with global businesses to fast-growth start-ups and market challengers.
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