One Equity Partners (OEP), a middle market private equity firm, has acquired Acteon Group, a global marine energy and infrastructure solutions company.
The financial terms of the private transaction were not disclosed.
Established in 1989, UK-based Acteon provides engineering and data-driven services to the offshore renewables, nearshore construction, and energy industries. Acteon has over 2,000 full-time employees, including more than 400 engineers, across more than 20 countries globally.
“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.”
“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,” commented 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.”
Buckthorn Partners, LLP will partner as a co-investor on this OEP-led transaction.