JP Morgan completed the acquisition of Bold Ocean from NOVA Infrastructure.

JP Morgan completed the acquisition of Bold Ocean, a maritime logistics operator, from NOVA Infrastructure, a middle market infrastructure investment firm. Financial terms were not disclosed. “NOVA was a thoughtful and value-added partner to Bold Ocean as we scaled the business rapidly over the past three years. NOVA’s experience working with companies of our size and with our government-contracting focus was valuable as we undertook significant growth initiatives. Bold Ocean has a great foundation for the future and will continue to meet the needs of the U.S. government with the highest service levels," Dion Nicely, Bold Ocean CEO.