Lariat Partners-backed SGS buys All-Sea Underwater Solutions
Subsea Global Solutions (SGS), a portfolio company of U.S. private equity firm Lariat Partners, has acquired All-Sea Underwater Solutions, a Vancouver-based provider of underwater ship maintenance, repair and marine construction solutions. No financial terms were released. Miami, Florida's SGS said the acquisition expands its scope of services, enhances innovation, and broadens its global footprint. Established in 1978, All-Sea has locations in Canada, the United States and Asia. Lariat completed a recapitalization deal with SGS in 2013.
6 March 2017•3 mins read
