On September 18, 2024, a consortium led by STAR Capital announced it had completed a transaction to acquire V. Group, a global provider of mission critical services to the maritime industry, from Advent International.
Kroll provided financial and tax due diligence services to STAR Capital.
About STAR Capital LLP
STAR is a European investment fund manager focused on investing and developing businesses that benefit from a strategic market position and provide an essential service to their customer base. Since inception, STAR has built over 28 businesses with a total enterprise value of more than €10 billion through more than 100 acquisitions. STAR has a track record in value generation and driving growth, typically investing in companies with enterprise values of between €50m and €1 billion.
About V.Group
V.Group provides a wide range of mission-critical services to its customers, such as technical ship management, crew management, crew welfare services (e.g. catering, travel and digital wallets & payment cards), leveraged procurement, technical services, specialist insurance broking and modern shipping-specific digital solutions.
V.Group is headquartered in London, United Kingdom. The company has a global presence with 50 offices across 30 countries and employs c. 2,900 employees worldwide. In addition, the group has access to the world’s largest international network of over 44,000 seafarers to provide its clients with professional crews. It currently services approximately 3,500 vessels from pedigree shipowners and managers alike, with safety and compliance at the heart of V.’s operating model.
