Secondary Buyout • Marine

Resolve Capital Partners Acquires Red7Marine

On August 6, 2019, private equity firm Resolve Capital Partners acquired marine company Red7Marine from Perwyn

Acquisition Context
  • This is Resolve Capital Partners’ 1st transaction in the Marine sector.
  • This is Resolve Capital Partners’ 1st transaction in the United Kingdom.

Explore All 40 Secondary Buyout Marine Deals - Search the Database Free


M&A Deal Summary

Date August 6, 2019
Target Red7Marine
Sector Marine
Buyer(s) Resolve Capital Partners
Sellers(s) Perwyn
Deal Type Secondary Buyout

Target Company

Red7Marine

Suffolk, United Kingdom
Red7Marine is a niche provider of equipment and services to the offshore, coastal and inland marine construction and maintenance markets, both in the UK and overseas. In the offshore market it offers diving and inspection services and dive equipment hire; vessel charter and marine construction equipment; engineers, fabricates and hires marine plant; operates ROVs and seabed trenching equipment. In the inland and coastal market the Company offers primarily inspection, maintenance and construction services and is the market leader in inland diving; has a leading share of the marine plant market and is a light marine construction contractor. Red7Marine was founded in 2007 and is based in Suffolk, United Kingdom.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

DESCRIPTION

Resolve Capital Partners is a private investment firm that looks to invest in mid-sized UK-based companies which require working capital and access to both short and long-term finance. Resolve Capital is headquartered in London.


Deal Context for Buyer #
Overall 1 of 1
Sector: Marine 1 of 1
Type: Secondary Buyout 1 of 1
Country: United Kingdom 1 of 1
Year: 2019 1 of 1

Seller Profile 1

SELLER

Perwyn

Investor Investor Investor Investor Investor


Category Family Office
Founded 2013
Size Small
Type Sector Agnostic
DESCRIPTION

Perwyn is a privately-funded investment firm that seeks to invest in development capital and buyout transactions of businesses valued from £100 to £500 million. Perwyn prefers to be the first round of institutional capital and will consider opportunities throughout the UK and Western Europe. In addition investing equity capital, Perwyn also provides flexible debt capital to companies, investing £5 to £25 million per deal. Perwyn was established in 2013 and is headquartered in London.


Deal Context for Seller #
Overall 1 of 5
Sector: Marine 1 of 1
Type: Secondary Buyout 1 of 2
Country: United Kingdom 1 of 3
Year: 2019 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-01 WGNSTAR

Maynooth, Ireland

WGNSTAR is a provider of support services to the semiconductor industry. Westerwood Global business delivers a broad range of maintenance and managed service solutions within and outside the cleanroom. WGNSTAR is based in Maynooth, Ireland.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-12 Mr Mallo

Wetteren, Belgium

Mr. Mallo is the Europe’s is a private label manufacturer of marshmallow confectionery products supplying customers in over 50 countries across Europe and beyond. Mr. Mallo was founded in 1907 and is based in Wetteren, Belgium.

Sell -