BGF Ireland has completed a multi-million-euro investment into Ocean Crest Marine, a specialist marine plant hire business, becoming a significant minority shareholder. The investment will be used to support the growth of the business in Ireland and its expansion to the UK and beyond.
Headquartered in Galway, Ocean Crest Marine operates the largest fleet of “jack-up barges” in Ireland, which are used for a variety of marine construction projects, including offshore wind projects and geotechnical campaigns.
Commentating on the deal, Marcus Lally, Founder & CEO, Ocean Crest Marine said, “Delighted to welcome BGF on board as cornerstone investors in our business. Backed by Ireland Strategic Investment Fund, AIB and Bank of Ireland, BGF will add hugely to the company and our ability to successfully execute our ambitious plans for growth.”
Forvis Mazars M&A team is delighted to have acted as corporate finance adviser on HC Financial’s sale to NFP. HC Financial is one of Ireland’s largest financial planning & advisory firms and the transaction marks a key step in NFP’s ongoing expansion in Ireland.
The following article featured in the Irish Times September 2024 special report on Corporate Finance. Author Paul Rickard is a Director in our Corporate Finance team with over 12 years’ experience working in the Corporate Finance and Corporate Banking sectors.
The following article featured in the Irish Times September 2024 special report on Corporate Finance. Author Paul Rickard is a Director in our Corporate Finance team with over 12 years’ experience working in the Corporate Finance and Corporate Banking sectors.
Ensuring important transactions are tax-efficient
Expert financial and strategic guidance throughout the deal lifecycle
Support for the critical moments that define your business’ success
This website uses cookies.
Some of these cookies are necessary, while others help us analyse our traffic, serve advertising and deliver customised experiences for you.
For more information on the cookies we use, please refer to our Privacy Policy.
This website cannot function properly without these cookies.
Analytical cookies help us enhance our website by collecting information on its usage.
We use marketing cookies to increase the relevancy of our advertising campaigns.