STAR Capital Partnership LLP, Ackermans & Van Haaren NV and and others Investors entered into an agreement to acquire Vouvray Acquisition Limited from Advent International, L.P.

STAR Capital Partnership LLP, Ackermans & Van Haaren NV (ENXTBR:ACKB) and others Investors entered into an agreement to acquire Vouvray Acquisition Limited from Advent International, L.P. on June 17, 2024. As part of the acquisition, AvH will hold 33.3% of V.Group for an equity investment of $150 million. STAR will lead a consortium of investors including Ackermans & van Haaren (Euronext: ACKB) and others to partner with V.Group?s management team.

The transaction is subject to regulatory approvals and is expected to close in in early autumn 2024. Dan Clarke, Vincent Bergin, Adrian Maguire, Leon Daoud, Christopher Shield, Mavnick Nerwal, Alasdair Balfour of Kirkland & Ellis International LLP acted as sell-side legal advisor to Advent International, L.P.