Private equity: Weil and Freshfields act as OMERS sells V.Group to Advent

Weil, Gotshal & Manges and Freshfields Bruckhaus Deringer have won roles on OMERS Private Equity’s first European exit as it sells V.Group to Advent International.

The private equity arm of pension fund Ontario Municipal Employees Retirement System plans to reinvest in V.Group while the company’s management team will retain a minority stake in the maritime firm. V.Group manages over 1000 vessels out of 70 international offices on behalf of its customers across commercial shipping, cruise, energy and defence sectors.

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