CVML Advises Virtuzone Shareholders in Ascentium’s Strategic Acquisition of Virtuzone UAE

CVML

Published on January 27 , 2025

27 January 2025 | Dubai, UAE

French Law firm CVML is pleased to announce its role as legal advisor to select shareholders of Virtuzone UAE, the UAE’s multiple award-winning and leading corporate services provider, in connection with its acquisition by Ascentium, a global business services platform headquartered in Singapore

The transaction marks Ascentium’s entry into the Middle East market, positioning Virtuzone as a cornerstone of its regional expansion strategy across the GCC. CVML provided bespoke counsel to key Virtuzone shareholders, ensuring alignment of their financial, governance, and legacy objectives throughout the exit process.

CVML’s Role advised shareholders on transaction structuring, including tax-efficient exit mechanisms, earn-out negotiations, and post-acquisition equity retention; negotiated shareholder protections, including indemnities, warranties, and governance rights.

Transaction Lead, Charbel “Charles” Dersahakian commented “This transaction underscores the critical role of shareholder-focused advisory in complex cross-border acquisitions. Our team worked closely with Virtuzone’s stakeholders to navigate the interplay of UAE regulatory frameworks and global private equity expectations, ensuring a seamless transition that preserved value and legacy.”

Charles was assisted by Alejandra Esmoris (Partner – Private Clients, Geneva) and Firas Zegallai (Associate – Transaction Advisory, UAE), and Danah Mardini (Legal Analyst, UAE).