Exponent Buys into V Holding

Exponent Private Equity has acquired a majority stake in V Holding Ltd., a UK-based provider of ship management and related services in the cargo and leisure segment, for approximately Gbp180 million. HSBC is providing leveraged financing, while Close Brothers Private Equity will make a partial exit of the 45% stake in V Holding it acquired in 2003 (will retain a small minority interest). Rothschild Holding advised V Holding on the sale.