Souter Investments
is one of the UK’s leading family investment offices specialising in private equity

Acteon

Acteon

Vintage: March 2024

Sector: Oil & Gas Services

Location: Norwich

Type: Acquisition

Souter Role: Co-investor

Souter Director: No

Status: Current

Acteon is a provider of 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.

During March 2024, Buckthorn Partners announced the 100% acquisition of Acteon from KKR in partnership with One Equity Partners and the Arab Energy Fund. Souter Investments invested as part of the Buckthorn led syndicate to recapitalise and focus the business on the survey, geosciences and engineering consulting divisions where Acteon is particularly well-placed to service growing opportunities in the offshore wind sector.

 

W: www.acteon.com