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CVC Fund to Acquire Scan Global Logistics

February 10, 2023

Fried Frank acted as counsel to AEA Investors (“AEA”) and its portfolio company Scan Global Logistics (“SGL”), in AEA’s sale of its majority shareholding in SGL to CVC Capital Partners Fund VIII (“CVC”), a transaction with an enterprise value of $1.67 billion. SGL is a Denmark based freight forwarding and logistics company. The transaction is expected to close in the second quarter of 2023.

The Fried Frank deal team was led by corporate partners James Renahan, Rachel Wolfenden, and Maxwell Yim and included corporate partners Michael T. Gershberg, Christian Kleeberg, Jons Lehmann, and Steven J. Steinman; antitrust and competition partners Nathaniel Asker and Tobias Caspary; tax partner Eli Weiss; corporate special counsel Peter Breschendorf and Thorsten Stuecklin; corporate real estate special counsel Melissa A. Meyrowitz; corporate associates Gregory Bernstein, Dipayan Bhattacherjee, Yolanda Chan, Adam Hill, Anjela Keiluweit, Hannah Luqmani, Andrew J. Malakoff, Cormac D. McGrady, Adrian Packer, Jan Petersen, Bradley S. Russian, Nick Skill and Kyle S. Spencer; antitrust and competition associates Rebecca Ponnuthurai, Romain Girard, Annalie R. Grogan, and Nicolas Hipp; real estate associates Emily J. Carey; tax associates Richard J. Pilgrim and Tzvi Weisz.

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