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Announced

Lloyd’s Register to acquire Ocean Technologies Group from Oakley Capital.

Synopsis

Lloyd’s Register, a global provider of maritime professional services and digital solutions, agreed to acquire Ocean Technologies Group, a provider of human capital management and operational software dedicated to the global maritime industry, from Oakley Capital, a European private equity firm. Financial terms were not disclosed. "This is a really transformative acquisition for LR and our clients and reinforces our focus on maritime. For over 260 years we have provided trusted advice on the safety and performance of assets and vessels," Nick Brown, LR CEO.

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