M&A Deal Summary

Triton Partners Acquires DeepOcean

On November 24, 2016, private equity firm Triton Partners acquired energy services and equipment company DeepOcean

Acquisition Highlights
  • This is Triton Partners’ 4th transaction in the Energy Services and Equipment sector.
  • This is Triton Partners’ 4th transaction in Norway.

M&A Deal Summary
Date 2016-11-24
Target DeepOcean
Sector Energy Services and Equipment
Buyer(s) Triton Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

DeepOcean

Haugesund, Norway
DeepOcean is a provider of safe, high quality, innovative services and technologies for the subsea industry. DeepOcean offers a breadth of subsea services, including Survey and Seabed-mapping, Subsea Installation (SURF), Seabed Intervention, Inspection, Maintenance and Repair (IMR), and Decommissioning for the oil & gas, renewable and power transmission industries. DeepOcean was founded in 1999 and is based in Haugesund, Norway.

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Buyer(S) 1

Buyer

Triton Partners

Frankfurt, Germany

Investor Investor

Category Private Equity Firm
Founded 1997
PE ASSETS 15.6B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Triton Partners is an investment firm focused on investing in medium-size companies headquartered in Western and Northern Europe. This includes businesses in Germany, Switzerland, Austria, Denmark, Finland, Norway, and Sweden. Triton generally pursues market leading companies with the potential for change, as well as growth opportunities through operational improvements. Sectors of interest include business services, consumer products, consumer services, healthcare, and industrials. Triton Partners was formed in 1997 and is based in Frankfurt, Germany.

DEAL STATS #
Overall 52 of 93
Sector (Energy Services and Equipment) 4 of 4
Type (Buyout (LBO, MBO, MBI)) 13 of 27
Country (Norway) 4 of 7
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-13 DencoHappel

Herne, Germany

DencoHappel is a technology innovator in the field of air treatment, air conditioning, and filter technology as well as cooling process air. DencoHappel was founded in 1909 and is based in Herne, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-31 Ambea

Stockholm, Sweden

Ambea is an elderly and disabled care services provider. Ambea was formed in 1996 and is based in Stockholm, Sweden.

Sell -
Mergr

Product

Company

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