Bids were submitted on June 30, 2015 for the acquisition of a 75% stake in the Nordic shipping company, Esvagt.
The Maersk Group are divesting its shares in the international offshore rescue and support vessel operator which has attracted competition from a number of infrastructure funds. With a fleet of 43 vessels and more than 800 employees on and offshore, Esvagt provides the daily safety and support functions primarily within the oil & gas and wind energy industries.
A consortium, formed of 3i Investments and AMP Capital Investors were one of the bidders, and Operis was pleased to undertake a financial model audit in aid of their bid which included a review of the model’s tax and accounting.