Announced
Completed
Synopsis
Partners Group, a private equity firm, completed the acquisition of North Star, an operator of specialized vessels that offer emergency response and rescue as well as essential offshore wind maintenance services, from Infrastructure Partners, an independent infrastructure investment firm. Financial terms were not disclosed. "North Star represents an excellent opportunity to acquire a leading energy infrastructure services business that is well-positioned to capitalize on the transformative trends driving growth in the offshore wind industry. The Company provides mission-critical services and benefits from steady demand due to high barriers to entry and few direct competitors. We have extensive experience in the offshore wind sector and North Star is a great fit for our platform-expansion strategy. We look forward to working with Matthew and the team," David Daum, Partners Group Managing Director.
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