Lloyd's Register completed the acquisition of OneOcean from Equistone Partners Europe.

Lloyd's Register, a provider of maritime professional services, completed the acquisition of OneOcean, a supplier of voyage compliance, safety and environmental solutions, from Equistone Partners Europe, a European mid-market private equity firm. Financial terms were not disclosed. “The acquisition of OneOcean propels LR to the position of a leading digital player in the maritime industry enabling clients to make better commercial day-to-day decisions, reducing risks, improving operation efficiencies and critically meeting complex maritime regulatory requirements. We recognise that there has never been a more pressing need for specialist maritime advisers to guide and support clients through the fundamental changes they face, helping to define the route to compliance, operational efficiency, sustainability and competitive agility," Nick Brown, LR Group CEO.