McIntyre Partners Aquires Moreld

McIntyre Partners enters agreement with Moreld Group and its owners (funds managed by HitecVision) and has purchased the core business of Moreld Group, consisting of Moreld Apply, Moreld Ross Offshore and Moreld Global Martine (collectively “Moreld”)

Geir Austigard, CEO: “We are excited to work with McIntyre and Velocity Partners as long-term owners to support us in meeting the growing demand for our offshore services and positioning our group for long-term success in a changing industry. Most importantly, we are continually striving to improve the service levels that we offer our customers and the prospects and fulfilment of our employees. We are enthused that McIntyre and Velocity Partners share our focus on stakeholder management and we are confident about our prospects together.”

Read the full press release here.