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New Deal


Announced

Completed

Partners Group completed the acquisition of North Star from Infrastructure Partners.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Cross Border

Third Party Logistics (3PL)

Private

Private Equity

Acquisition

Friendly

United Kingdom

Single Bidder

Majority

Completed

specialized vessels

Synopsis

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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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