Triton Capital-backed DeepOcean completed the acquisition of Shelf Subsea.

Triton Capital-backed DeepOcean, a technology company specializing in remote and unmanned operations across ocean industries, completed the acquisition of Shelf Subsea, a provider of diving and ROV services, specializing in diving, ROV surveys, inspection, repair, maintenance, and integrated services. Financial terms were not disclosed. “DeepOcean and Shelf Subsea offer similar services, but have distinct geographical strongholds that complement each other. When combined, we will provide customers worldwide with access to a comprehensive pool of expertise and capabilities. We look forward to combining our leading technology and innovative solutions with Shelf Subsea’s operations in the APAC region, as well as gaining valuable learnings from their leading project model. We are very impressed by the customer relations built up by the management of Shelf Subsea,” Oyvind Mikaelsen, DeepOcean CEO.