American Ocean Minerals Corporation to Merge with Odyssey Marine Exploration (Deep-Sea Critical Minerals Platform)

Sustainable Opportunities Acquisition Corporation to Merge with DeepGreen Metals (to Form The Metals Company)

July 8, 2021

Energy

DeepGreen Metals announced it will advance its deep-sea research program ahead of a business combination with Sustainable Opportunities Acquisition Corporation (SOAC), expected to result in a rename to TMC the metals company Inc. The deal is structured as a merger/business combination, after which the combined company is expected to trade on NASDAQ as “The Metals Company” (ticker “TMC”).

OceanTech Acquisitions I Corp. to Combine with Majic Wheels Corp. (Majic Corp.)

November 15, 2022

Financial Services

OceanTech Acquisitions I Corp. and Majic Wheels Corp. entered into a definitive business combination agreement under which Majic Wheels will become a publicly listed company on Nasdaq. Upon closing, OceanTech will be renamed Majic Corp. with an expected transaction value of approximately $200 million and a forward share purchase backstop of up to $40 million by Meteora Capital Partners.

Kensing Acquires Advanced Organic Materials (AOM)

October 4, 2023

Manufacturing

Kensing, a One Rock–backed specialty ingredients manufacturer, has acquired Advanced Organic Materials (AOM), a producer of non‑GMO plant‑based Vitamin E and phytosterols. The add‑on expands Kensing’s natural Vitamin E and phytosterols product portfolio, strengthens sourcing and geographic reach (operations in Spain and Argentina), and opens new end markets across nutrition, personal care, food and beverage.

Maritime Partners (via Project Merchant Acquisition) Acquires American Tanker Holding Company from AMSC ASA

August 22, 2023

Transportation

Funds managed by Maritime Partners, LLC (through newly-formed Project Merchant Acquisition LLC) agreed to buy American Tanker Holding Company, Inc. (ATHC), AMSC ASA's Jones Act tanker business, for aggregate gross cash proceeds to AMSC of US$249.3 million (enterprise value reported at US$746.7 million). ATHC owns nine handysize product tankers and one handysize shuttle tanker on long-term bareboat charters to Overseas Shipholding Group and Keystone Shipping; the deal is intended to complement Maritime Partners' existing vessel-lease portfolio and diversify lessee and asset exposure in the protected Jones Act market.

Union Park Capital Acquires AML Oceanographic

February 1, 2025

Manufacturing

Union Park Capital, a Boston-based private equity firm, has acquired AML Oceanographic, a Victoria, British Columbia-based manufacturer of oceanographic and hydrographic equipment. The deal launches Union Park's new marine technology platform to pursue growth across hydrography, water quality monitoring, subsea infrastructure and defense markets; terms were not disclosed.

Moreld Acquires Ocean Installer from HitecVision

June 7, 2024

Energy

Moreld has entered into an agreement to acquire Ocean Installer from private equity firm HitecVision. The acquisition expands Moreld's capabilities into subsea engineering and construction, adds Ocean Installer's ~280 employees and international offices, and is being financed in part by a US$225 million senior secured note offering; the deal is subject to Norwegian competition approval.