Middle market private equity firm One Equity Partners (OEP) announced that it has acquired Acteon Group, an international marine energy and infrastructure solutions company.
Buckthorn Partners will partner as a co-investor on this OEP-led transaction. And the financial terms of the private transaction were not disclosed.
Established in 1989, UK-based Acteon offers engineering and data-driven services to the offshore renewables, nearshore construction, and energy industries. And Acteon has 2,000+ full-time employees, including over 400 engineers, across more than 20 countries globally.
KEY QUOTES:
“Acteon is a first-rate infrastructure services business operating within a differentiated market niche, and we will be looking to reposition the business to focus on renewables, specifically the wind market segment. This is another example of OEP’s ability to identify compelling investments with the potential to accelerate growth while also improving the business’ environmental impact.”
– Ante Kusurin, Partner at One Equity Partners
“We are pleased to have One Equity Partners as our investment partner to help us capture the significant opportunity to grow in our target markets. OEP’s deep industrial expertise will be invaluable to us as we engage in initiatives that will increase operational efficiencies, develop more advanced services for our customers, and make us a stronger competitor in our core products and service areas.”
– Brice Bouffard, CEO of Acteon Group
“We are excited to partner with Acteon, and we believe our investment will both enhance Acteon’s offerings to customers and support the ongoing energy transition process.”
– Jordan Lawrie, Vice President at One Equity Partners
