Region: All
Content Types: Report
Date: Apr, 2024

An overhead shot of offshore oil platform supports as they enter the sea.

Private equity investors Buckthorn Partners and One Equity Partners (OEP) have acquired Acteon Group, an international offshore energy infrastructure services businesses, in a move to develop the organisation’s capabilities in key markets.

The two entities have announced a significant injection of investment that will be used to improve Acteon’s standing with suppliers and customers. The company has been active since 1989 and now provides specialist engineering, services and technologies across all phases of the offshore lifecycle in 14 countries worldwide.

A key focus of this new occurrence will be placed on developing the organisation’s capabilities across survey, foundations, moorings, decommissioning, and consulting engineering services in support of the offshore renewable offshore oil and gas sectors.

“Acteon’s products and services are key to the energy transition in constructing, maintaining and supporting offshore energy infrastructure,” remarked Rob Willings, Partner at Buckthorn. “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.”

Alongside the investment, the senior ranks of Acteon have been bolstered by the appointment of Brice Bouffard Chief Executive Officer. Brice brings a wealth of business experience highly relevant to Acteon and its key segments.