Acquisition of GustoMSC from SBM Offshore

Industrial
Acquisition of GustoMSC from SBM Offshore

Summary

Baird served as exclusive financial advisor and debt advisor to Parcom Capital

About

Parcom Capital (“Parcom”) and the management team of GustoMSC recently acquired GustoMSC from SBM Offshore N.V. (“SBM Offshore”) (ENXTAM:SBMO) for approximately $185 million.

GustoMSC is a leading provider of proprietary designs for mobile offshore units and sources and delivers associated equipment. GustoMSC provides solutions that are aimed at the offshore oil & gas exploration, construction and production markets. The proprietary designs include jack-ups, semi-submersibles and mono-hull vessels. GustoMSC is headquartered in Schiedam, Netherlands and has over 130 employees.

SBM Offshore provides floating production solutions to the offshore energy industry, over the full product life-cycle. SBM Offshore’s main activity is the design, supply, installation and operation of Floating Production, Storage and Offloading (FPSO) vessels. These are either owned and operated by SBM Offshore and leased to clients or supplied on a turnkey sale basis. SBM Offshore is headquartered in Schiedam, Netherlands and has over 6,900 employees.

Parcom Capital is a pan-European investment firm that was established in 1982 and has over €1.6 billion of capital. With offices in Amsterdam, Paris and Munich, Parcom has been able to invest in over 250 European companies.

For additional information about this transaction, please contact:

Nicholas Sealy +44 (0) 207 667 8370
Paul Bail +44 (0) 207 667 8271
Gary Page +44 (0) 207 667 8242
Joe Packee +1 (414) 298-7644
Industrial
Acquisition of GustoMSC from SBM Offshore
Date
November 2012
Company
Parcom Capital
Transaction
M&A
Sectors
Industrial
Target Location
Europe
Acquiror Location
Europe

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