One Equity Partners (OEP), a prominent middle market private equity firm, has announced the acquisition of Acteon Group, a leading international provider of marine energy and infrastructure solutions.
Acteon, with its headquarters in the UK, has been at the forefront of engineering and data-driven services for the offshore renewables, nearshore construction, and energy industries since its inception in 1989.
“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,” said Ante Kusurin, Partner at One Equity Partners.
“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.”
The acquisition by OEP marks a new chapter for Acteon, which boasts a workforce of over 2,000 employees, including more than 400 engineers, spread across upwards of 20 countries. This strategic move is further bolstered by Buckthorn Partners, LLP, who will join as a co-investor in this OEP-led transaction.
While the financial details of the acquisition remain private, the partnership is poised to leverage Acteon’s extensive expertise and global presence to enhance its offerings in the marine project sector. Acteon is renowned for its role in installing, maintaining, and removing marine infrastructure, contributing significantly to marine projects that support offshore renewable energy, nearshore construction, and the oil and gas industries.
“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,” said Brice Bouffard, CEO of Acteon Group.
“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.”
One Equity Partners, established in 2001 and independent from JP Morgan since 2015, has a storied history of fostering market-leading companies through transformative business combinations. With a focus on the industrial, healthcare, and technology sectors across North America and Europe, OEP has successfully completed over 300 transactions globally.
This acquisition underscores OEP’s commitment to building long-term value and fortifying its position as a trusted partner in the private equity landscape. Acteon’s dedication to delivering services with commercial and environmental benefits aligns with the ongoing energy transition, positioning the company as a valuable global partner in every marine environment worldwide.
“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,” said Jordan Lawrie, Vice President at One Equity Partners.
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