Subsea Global Solutions Acquires Underwater Contractors (Singapore) and Gray Diving Services (Australia)

January 1, 2020

Subsea Global Solutions, a portfolio company of GenNx360 Capital Partners, acquired Underwater Contractors Pte. Ltd. in Singapore and Gray Diving Services Pty. Ltd. in Australia to expand its Asia‑Pacific footprint. The deals increase Subsea Global Solutions' number of home ports to 13 and strengthen its commercial diving and marine services capabilities in key ports such as Singapore and Sydney.

Buyers
Subsea Global Solutions, GenNx360 Capital Partners
Targets
Underwater Contractors Pte. Ltd., Gray Diving Services Pty. Ltd.
Platforms
Subsea Global Solutions
Location
Singapore and Australia
Transaction Type
Addon

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