Advent International’s acquisition of V.Group


Ince & Co LLP has advised private equity firm Advent International on the acquisition of V.Group, the marine services company, from Ontario Municipal Employees Retirement System’s private equity arm (OMERS).

Ince & Co worked alongside Freshfields Bruckhaus Deringer and provided specialist maritime law advice.

V.Group manages over 1,000 vessels out of 70 international offices on behalf of its customers across the commercial shipping, cruise, energy and defence sectors. The value of the transaction was not disclosed. The private equity arm of pension fund OMERS plans to reinvest in V.Group, while the company’s management team will retain a minority stake in the maritime firm.

Stephen Jarvis, Ince & Co’s Global Head of Corporate, led the Ince & Co team that advised Advent International.

The core Ince & Co team also comprised partners Mona Patel (Picture); Spencer Gold and Beatrice Russ (Finance); and Faz Peermohamed and Michael Volikas (Shipping). Senior associate Ajay Ahluwalia (Shipping) also advised.

Involved fees earner: Mona Patel – Ince & Co; Spencer Gold – Ince & Co; Beatrice Russ – Ince & Co; Faz Peermohamed – Ince & Co; Michael Volikas – Ince & Co; Ajay Ahluwalia – Ince & Co;

Law Firms: Ince & Co;

Clients: Advent International;

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