Acquisition Of Acteon Group

Acteon Group, the international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP).

Buckthorn and OEP are making a substantial investment in the business to improve Acteon’s standing with suppliers and customers and enable it to compete even more strongly in its core markets.

The investors’ focus will be on developing Acteon’s capabilities across survey, foundations, moorings, decommissioning and consulting engineering services that support and differentiate the business in the offshore renewable, and offshore oil and gas market sectors.

Brice Bouffard has been appointed as Chief Executive Officer of Acteon. Brice brings a wealth of business experience highly relevant to Acteon and its key segments.

Rob Willings, Partner at Buckthorn, says, “Acteon’s products and services are key to the energy transition in constructing, maintaining and supporting offshore energy infrastructure. We are very pleased to acquire Acteon and its market-leading capability in managing offshore renewable, and offshore oil and gas infrastructure. Our ownership will bring stability to the business, and investment and expertise to grow and develop the company.”

Acteon provides specialist engineering, services and technology to companies who develop and own offshore energy infrastructure across all phases of the lifecycle. The business was established in 1989 and employs 2,300 staff operating from 58 locations across 14 countries worldwide.

About Buckthorn Partners
Buckthorn Partners is a UK investment company focused on acquiring and growing energy products and services businesses involved in the energy transition. Since 2014, Buckthorn has made eighteen investments across six platforms, to provide portfolio companies with industry experience, a broad industry network, primary capital, M&A expertise and strategic advice.

Working in partnership with experienced management teams, Buckthorn helps build successful companies both organically and through M&A.

About One Equity Partners
One Equity Partners (“OEP”) is a middle market private equity firm focused on the industrial, healthcare and technology sectors in North America and Europe. The firm seeks to build market-leading companies by identifying and executing transformative business combinations. OEP is a trusted partner with a differentiated investment process, a broad and senior team, and an established track record generating long-term value for its partners. Since 2001, the firm has completed more than 300 transactions worldwide. OEP, founded in 2001, spun out of JP Morgan in 2015. The firm has offices in New York, Chicago, Frankfurt and Amsterdam. For more information, visit www.oneequity.com.

About Acteon
Acteon provides specialist engineering, services and technology to companies who develop and own marine infrastructure across the life of their assets. We enable our customers to achieve their operational goals with a more efficient integrated solution: reducing the cost and carbon footprint through value engineering without compromising the quality of delivery.

This is achieved by applying our domain expertise to increase efficiencies and enhance commercial and environmental value for our customers across the renewable, nearshore construction and oil and gas industries.

We specialise in data collection and survey techniques ahead of construction, the installation of key foundation and anchoring technologies, the monitoring and management of assets and the decommissioning of assets. For more information, visit www.acteon.com.