Simpson Thacher is advising CVC Capital Partners ("CVC") in connection with its acquisition of M Group Services, the U.K.’s largest provider of essential infrastructure services and solutions, from PAI Partners. CVC is investing out of Fund IX, its most recent fund which closed at €26 billion in 2023, becoming the largest private equity fund ever raised, and brings substantial experience of investing in and growing U.K. businesses.~~Headquartered in the U.K., M Group Services, supports and partners with major essential infrastructure providers in water, energy, telecom and transport by providing recurring repair and maintenance services. The business has over 100 years of heritage, employs more than 11,000 people and operates from over 216 locations nationwide.~~The Simpson Thacher team included Geoffrey Bailhache, James Campisi, Lloyd Wood, Alex Ward, Andrew Cho and Fran Towers (Corporate); Shahpur Kabraji, Andrew Bechtel and William Choules (Banking and Credit); and Yash Rupal and Oliver Rosshandler (Tax).