Announced
Completed
Synopsis
Morgan Stanley Investment Management, a private equity firm, completed the €115m investment in XOcean, a provider of ocean data to the offshore energy and civil hydrography sectors. “Access to high-quality data is critical to multiple players in the offshore-focused ecosystem and we are honored to partner with the XOCEAN team. We believe XOCEAN’s differentiated capital efficient solution will remain at the forefront of the industry and we look forward to supporting the next chapter of the company’s journey to decarbonize maritime surveying and build a global leader in ocean data solutions,” Vikram Raju, MSIM Head of Climate Private Equity.
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