Fremman Capital to acquire a majority stake of VPS from IK Investment Partners for $200m.

Fremman Capital, a mid-market investment firm, agreed to acquire a majority stake of VPS, marine fuel testing and advisory services company, from IK Investment Partners, a European private equity advisory group, for $200m. “VPS fits perfectly with Fremman’s strategy to invest in strong leaders in long term growing industries. Fremman will support the management team in its plan to develop the activity and assist clients in minimizing energy consumption and greenhouse gas emissions.” Olivier de Vregille, Fremman Capital Founding Partner.