Wellesley Partners LLP was incorporated in May 2004 as an executive search consultancy, with a particular specialism in investment banking. The driving force behind the business was Mr Rupert Channing.
In 2008 Withers acted for Wellesley Partners in connection with the entry of new partners into the LLP, including a Bahreini bank, Addax Bank BSC. Addax was to make a significant capital contribution of some £2.5 million and thereby acquire a 25% interest.
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