Mourant Ozannes BVI has advised MegaFon, a Russian telecommunications company, on its USD740 million acquisition of a controlling stake in Mail.Ru Group, the internet and social media group. Mail.Ru was acquired from USM Holdings, MegaFon's controlling shareholder.    Cleary Gottlieb acted as onshore counsel to MegaFon.   MegaFon has acquired

Sovereign Capital is to back the management buy-out of Arachas Corporate Brokers, an insurance brokerage operating in Ireland. Sovereign will work with the management team to further grow and develop the business through a strategy of buy and build.   The transaction is subject to approval from the Central Bank

Middle market private equity firm Calera Capital has acquired a majority stake in the Evans Network of Companies, a provider of intermodal and other trucking services through a non-asset based agency model. Bo Bates, Evans’ CEO, the Evans family and management will retain a significant equity interest in the business.

Palatine Private Equity-backed holiday park group Verdant Leisure has acquired its seventh leisure park. Crosslaw Caravan Park in the Scottish Borders is the third holiday park purchase in the last nine months for the bespoke leisure park operator.   The park will be renamed Coldingham Bay Leisure Park with immediate