Equistone Partners Europe has made its third exit of the year with the sale of OneOcean, a supplier of voyage compliance, safety and environmental solutions, to Lloyd’s Register (LR), a global provider of maritime professional services.
The deals follows the sale of FirstPort, a residential property services company, and Team ITG, a technology-led, multichannel marketing activation business.
OneOcean solutions are currently used by more than 16,000 vessels to support and optimise compliance, safety and environment, increasing transparency and simplifying complex regulations and tasks to enable teams to work more transparently for efficiency and enhanced decision making.
OneOcean was created by the merger of ChartCo, in which Equistone first invested in 2016, and Marine Press in 2019. With Equistone’s support, OneOcean has changed and grown rapidly, with four acquisitions, two divestments, and a merger.
