Ogier London advises CVC Capital Partners on its £900m acquisition of a majority stake in…

Ogier London acted as BVI legal adviser to CVC Capital Partners in relation to its £900m acquisition of a 51% stake in Virgin Active.

CVC's investment supports the growth plans of the Virgin Active business in both existing and new geographies, both through targeted acquisitions and a successful club roll out programme. 

"This high profile, high value transaction demonstrates the continued suitability and use of BVI entities in the market as joint venture vehicles. It also highlights the calibre of transaction that the Ogier BVI team in London are regularly asked to advise on," said Simon Dinning managing partner of Ogier London.

The Ogier London team was led by London managing partner Simon Dinning and senior associate Wendy Walker. The team worked closely with Ogier BVI Fiduciary Services, which provided the BVI joint venture vehicle, and onshore advisers Freshfields.