Travers Smith LLP has advised management on the acquisition by Advent International of a majority ownership interest in V.Group Ltd. (“V.Group”), the world’s leading marine and offshore vessel management and support services provider, from OMERS Private Equity.
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. V.Group employs more than 3,000 people and supports over 47,400 personnel in marine and offshore roles.
OMERS was advised by Weil. Advent was advised by Freshfields.