Arendt advises Montagu on €2 billion single-asset continuation vehicle to support Wireless Logic's global growth

"Arendt acted as Luxembourg counsel to Montagu on the successful close of a €2 billion single-asset continuation vehicle (SACV) to extend its partnership with Wireless Logic. The SACV, managed by Montagu, has TPG GP Solutions as lead investor and CVC Secondary Partners and Partners Group as co-leads; it was heavily oversubscribed and is the largest European SACV this year."

Arendt acted as Luxembourg counsel to Montagu in the capital raising for a €2 billion single-asset continuation vehicle to extend Montagu’s partnership with Wireless Logic. The transaction comprised the successful close of a €2 billion single-asset continuation vehicle (SACV) managed by Montagu. TPG GP Solutions acted as lead investor, with CVC Secondary Partners and Partners Group as co-leads. The fund—the largest SACV completed in Europe this year—was heavily oversubscribed, reflecting strong demand from both existing and new institutional investors and underlining Wireless Logic’s performance as well as Montagu’s track record of executing landmark transactions and delivering value through active ownership. The vehicle is intended to support Wireless Logic’s next phase of global growth. Arendt represented Montagu with a team composed by: Investment management: Michael Jonas; Carlos Rodriguez; Lucia Salguero; Isabella Lefante; Carolin Poschwatta. Tax: Alain Goebel; Yves Philippart de Foy; Shi-Hong Duong; Alistair Ord.

Arendt advises Montagu on €2 billion single-asset continuation vehicle to support Wireless Logic's global growth

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