Paul Hastings (Europe) LLP has advised Oakley Capital on the divestment of its majority share in Ocean Technologies Group (OTG) to Lloyd’s Register. The transaction is conducted through Oakley Capital Fund IV. Ocean Technologies Group, a global leader in human capital management and operational software in the maritime sector, will now integrate into Lloyd’s Register, a prominent global professional services group specializing in marine engineering and technology. The advisory team from Paul Hastings was led by partners Anu Balasubramanian and Jamie Holdoway, supported by an extensive team of experts across multiple disciplines. Regulatory approval is pending for the transaction to reach completion.
Private Equity, Maritime Technology, Professional Services, Legal Services,Pan-European, Global
https://www.paulhastings.com/en-GB/news/paul-hastings-advises-oakley-capital-on-sale-of-ocean-technologies-group-to