SRN Group acquired by Subsea Global Solutions
Subsea Global Solutions (US) acquires innovative underwater hull cleaning specialist SRN Group. VDP has advised the shareholders of SRN in realising this transaction.
SRN Group is an Antwerp underwater hull cleaning specialist. SRN is active worldwide with a focus on Europe and West Africa and in recent years has grown into a reputable company with an extensive fleet of professional and innovative equipment. The company specialises in automated ROV hull cleaning, propeller cleaning and all kinds of diving activities. SRN is strongly committed to safety, people and the environment.
For more information, see: https://srngroup.be/nl/
Subsea Global Solutions (SGS) is the world’s leading commercial diving company. With this acquisition, SGS expands its global footprint to Europe, acquires industry leading ROV hull cleaning technology and increases the number of its home ports. Backed by private equity GenNx360, SGS is pursuing a buy-and-build strategy.
For more information, see: https://www.subseaglobalsolutions.com/
Subsea Global Solutions
VDP stands for Value Driven People (VDP), is a leading Belgian corporate finance boutique that was founded in 1995. VDP has been successfully assisting its clients, companies and their current and future shareholders, in corporate finance projects such as: mergers & acquisitions, buy-outs and divestitures; public and private placements; financial and strategic advice. More specifically, we have been guiding companies through all stages of their growth path. VDPs expertise is based on a firm grasp on all the knowledge areas of corporate finance and years of experience in a wide range of industries and projects. The heart of our services is a personal and professional approach with a strong focus on result.