Announced
Completed
Synopsis
H2 Equity Partners, a private equity firm, completed an investment in Motive Offshore Group, a provider of engineering, inspection and rental equipment for the energy sector. Financial terms were not disclosed. “We’ve grown our business extensively over the last three years and this trajectory is only accelerating, so collaborating with the right partner to meet this incline is paramount to our success. We’re delighted to add further investment to both our people and products with the support of H2 Equity Partners, continuing to provide opportunities for our dedicated teams and innovative solutions for our customers. Part of this will include increasing our renewables portfolio with multi-sector solutions and our Taiwan renewables hub. Today we currently support over 23 global wind projects and excitingly, that number is increasing rapidly,” Dave Acton, Motive Offshore Group CEO.
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