DeepOcean – Triton Complete Transaction

Private equity investment firm Triton has completed its investment in DeepOcean, the subsea contractor informed earlier this week.

The transaction was completed on December 31, 2016, and the parties have agreed not to disclose the purchase price.

Through this equity raise and the future support of Triton, DeepOcean believes it is well positioned to weather the downturn in oil & gas markets and also to take advantage of growth opportunities in the oil & gas and renewables markets.

Carnegie AS acted as lead advisor to DeepOcean in the transaction. Blue Capital Management also advised the company.

Share this article

Follow Subsea World News

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

Subsea Valley

This yearly gathering has grown from 200 to 2000 delegates in only 5 years and is now one of the leading energy conferences in Europe…

read more >

Shallow and Deepwater Mexico Oil and Gas Conference

Shallow and Deepwater Mexico is a community gathering for the offshore sector focusing on the future of offshore in Mexico…

read more >

OMC 2019

OMC is the largest exhibition and conference dedicated to the Offshore, and Oil & Gas Industry…

read more >

SubOptic 2019

SubOptic is the longest running and most comprehensive conference series in the world for the submarine fiber industry…

read more >