Travers Smith LLP has advised longstanding client Equistone Partners Europe Limited ("Equistone") and other selling shareholders on the sale of OneOcean Group Limited ("OneOcean"), one of the largest global suppliers of voyage solutions in the maritime industry, to Lloyd's Register.
Travers Smith acted for Equistone on their investment in Chartco in 2016 and the subsequent merger with Marine Press in 2019 to create OneOcean, as well as other bolt-on transactions and divestments.
The Travers Smith team was led by Private Equity & Financial Sponsors Partners Tom Hartwright and James Renahan, with support from Senior Associate Matt Powrie, Associates Al Goodison, Cari Sweeney and Katie O'Riordan and Trainee Emma Calder. Finance advise was provided by Finance Partner Andrew Gregson and Associate Fiona Cantlay, with specialist tax advice provided by Tax Partner Russell Warren and Associate Callum Burgess. Commercial, IP & Technology advice was provided by Partner Ben Chivers and Associates Emma Riggs, Stephanie Beams and Isabel Cridland.
