First Reserve Corporation has acquired a majority stake in Acteon Group Ltd. Acteon is a leading worldwide provider of specialised offshore and subsea services and equipment. The Company is active in the subsea service and construction market and offers its customers a range of services aimed at 'linking seabed to surface' over the life of an offshore project. Headquartered in Norwich, Acteon is involved in most of the key offshore oil and gas provinces in the world and has 600 employees worldwide.
Polish buyout firm Abris Capital Partners has signed an agreement to sell its stake in Polish locomotive lessor Cargounit, also known as Industrial Division, to Three Seas Investment Fund (3SIIF).
Amplify IV targets seed and series-A rounds, while Amplify Select makes follow-on investments in existing portfolio companies
GP had previously made an offer of SEK 70 per share, which was later increased to SEK 72 per share
Company intends to boost its production capability, bolster its international expansion and pursue a buy-and-build strategy