About the Transaction
SubSea is a leading provider of underwater repair, maintenance and marine construction solutions, serving vessels and ports throughout the world. SubSea has pioneered the development of many of the cutting edge techniques currently used in underwater repair. The Company differentiates itself through its highly trained in-house divers, the high quality of its services and global reach.
With offices in Long Beach, California, Miami, Florida, Panama, Curacao and Trinidad & Tobago and capabilities throughout the world through various partnerships, SubSea can quickly mobilize resources and be ready to solve a vessels underwater maintenance or repair issue in any port in the world. The Company serves a loyal base of customers including cruise lines, commercial shipping companies, offshore oil & gas operations, municipal ports and insurance companies.
Denver-based Lariat Partners is a private equity firm focused on redefining the private equity experience with entrepreneurs in the lower-middle market. With its People First, Strategy Second relationship philosophy and its CORE Investment Strategy targeting COnsolidations, COnsumables and REcurring REvenue businesses, Lariat offers a differentiated approach to partnering with entrepreneurs and growing their middle market businesses. The firm targets companies across a number of industries, including Specialty Agriculture and Energy & Environmental Services.
Still Have Questions?
Please contact Leo Fernandez if you would like to discuss this transaction or other opportunities in the maritime industry.