Exponent buys into V. Holdings

Exponent buys into V. Holdings Exponent Private Equity, an independent investment and advisory company dedicated to United Kingdom private equity, has partnered with the management of V. Holdings to purchase the 50 percent stake held by Close Brothers Private Equity.
   Exponent and about 100 of V.Holdings managers now own the company on an equal basis although Close Brothers reinvested some of the money from its sale to retain a minority interest, thought to be under 5 percent.
   V.Holdings’ main business unit is V.Ships, the world’s largest provider of ship management services. The group revenue in 2006 was $196.6 million, a 42 percent increase over 2005.