Headland Backs Offshore Oil And Gas Vessel Business
Headland Capital Partners has acquired a 26.45% equity shareholding in Singapore-headquartered Miclyn Express Offshore Limited (MEO) for US$141 million. The Headland Private Equity Fund 6 L.P has invested in the business. MEO is a provider of offshore vessels to the oil and gas industry in Southeast Asia, Australia and the Middle East with a fleet of over 120 vessels comprising Offshore Support Vessels, Crew/Utility Vessels (Crewboats), tugs, barges and coastal survey vessels.
29 September 2011•3 mins read
