Acteon Group, an international offshore energy infrastructure services business, has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP).

Acteon's products and services are key to the energy transition

Buckthorn and OEP will focus on developing Acteon's capabilities across the survey, foundations, moorings, decommissioning and consulting engineering services that support and differentiate the business in the offshore renewable and offshore oil and gas market sectors.

Rob Willings, a partner at Buckthorn, said: "Acteon's products and services are key to the energy transition in constructing, maintaining and supporting offshore energy infrastructure. We are very pleased to acquire Acteon and its market-leading capability in managing offshore renewable, and offshore oil and gas infrastructure. Our ownership will bring stability to the business, and investment and expertise to grow and develop the company."

Acteon provides specialist engineering, services and technology to companies who develop and own offshore energy infrastructure across all phases of the lifecycle. The business was established in 1989 and employs 2300 staff operating from 58 locations across 14 countries worldwide.