CVCI’s investment will be largely used to pay down part of the debt raised by Prometheon for the acquisition of Holidaybreak plc (previously listed on the London Stock Exchange), which completed in September 2011. The deal is conditional upon obtaining approval from the European Competition authorities.
London corporate partners Adrian Maguire and Patrick Ko led the Freshfields team, supported by corporate associates Rós Ní Dhubháin and Tara Stevenson. Tax advice was provided by tax partner Murray Clayson and tax senior associate Paul Concannon. Also advising were London finance partner Chris Davis, supported by finance associate Alexis Alexander and London antitrust, competition and trade partner Alex Potter, supported by associate Mari Scimemi.