Subsea Global Solutions (GenNx360) Acquires T&T Salvage Asia Commercial Diving Division

February 19, 2020

GenNx360 Capital Partners’ portfolio company Subsea Global Solutions (SGS) has acquired the commercial diving division of T&T Salvage Asia Pte. Ltd. The add-on acquisition expands SGS’ capabilities in Singapore and strengthens its Asia-Pacific footprint by combining the TTSA division with recent Singapore and regional acquisitions to improve operational density and service offering.

Buyers
Subsea Global Solutions, GenNx360 Capital Partners
Targets
Commercial diving division of T&T Salvage Asia, Pte. Ltd.
Sellers
T&T Salvage Asia, Pte. Ltd.
Platforms
Subsea Global Solutions
Location
Singapore
Transaction Type
Addon

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