Ogier advises EQT V Fund on financing of two substantial acquisitions

Ogier has advised the EQT V Fund, an authorised, closed-ended Guernsey investment fund, on two substantial acquisitions in Scandinavia. Ogier advised the fund on the financing of its acquisition of a controlling interest in AcadeMedia AB, Sweden’s largest private education group by way of a public offer. The public offer by the EQT V Fund was accepted by 79.4% of shareholders in AcadeMedia AB. The Stockholm listed business operates 150 schools with 45,000 students across Sweden. 

In addition Ogier advised the EQT V Fund on the financing of its acquisition of XXL Sport & Villmark, a Nordic sporting goods retailer. The sports retailer operates 14 sporting goods mega-stores, located in the largest cities in Norway and has a market share of close to 15 per cent in Norway.

The EQT V Fund was launched in 2006 and makes controlling investments in market-leading, medium-sized companies in growing industries in Northern Europe. The committed capital of the EQT V Fund is EUR 4.25 billion.

The Ogier team was led by partner Roger Le Tissier, assisted by senior associate, Ann Halliday, and associates, Charisma Lyall and David Carr.