Freshfields has advised leading global private equity firm, Advent International, on its acquisition of a majority ownership interest in V.Group from OMERS Private Equity

Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised leading global private equity firm, Advent International (‘Advent’), on its acquisition of a majority ownership interest in V.Group from OMERS Private Equity (‘OPE’). OPE will reinvest in V.Group, working with Advent and the management team to support the continued growth and development of the business. V.Group’s management team will retain a minority stake in the company.

V.Group specialises in the technical management of maritime assets outsourced by ship owners and the provision of a wide-range of high-value technical, personnel and advisory services. Operating out of 70 international offices, the company manages over 1,000 vessels on behalf of its customers across the commercial shipping, cruise, energy and defence sectors.

Following Advent’s investment, V.Group’s growth strategy will remain focused on further geographical expansion and on deepening its range of services organically and through complementary acquisitions. Advent will also support the management team in making significant investments in technology, systems and operations to continue to deliver world class solutions for its clients.

The team from Freshfields was led by corporate partner Adrian Maguire, who was supported by senior associate James Scott, and finance partners Sean Pierce and Denise Ryan, who were supported by senior associate Aled Batey.