We provided Environmental, Health & Safety due diligence advice to Baird Capital’s Global Private Equity team during its investment in Subsea Technology & Rentals (“STR”), a leading independent subsea rental equipment and specialist services provider to the offshore energy industry.
Project name
Subsea Technology & Rentals (STR)
Client
Baird Capital
Location
UK (5 sites); Singapore (1 site); and Australia (2 sites)
Services provided:
- Environmental, Health & Safety due diligence
STR is a specialist technology company providing rental and sales services globally to the offshore marine sectors. STR delivers mission critical solutions to support offshore survey, ROV, IRM, positioning, environmental and subsea construction sectors.
Our client commissioned us to provide detailed Environmental, Health & Safety due diligence advice during its investment in the target company, STR, which operates in the UK (Aberdeen and Great Yarmouth), Singapore, USA (Houston) and Australia (Perth).
We conducted site inspections of the UK facilities and desk-based studies of the Australian and Singaporean facilities within a challenging timescale.
Providing due diligence advice, our role entailed reviewing virtual data room information, holding discussions with the STR management team and carrying out site inspections.
Our positive approach to the client’s needs facilitated the rapid assembly of a team of specialists in the UK, Singapore and Australia, and by completing site visits within a tight timescale we were able to deliver our advice in a timely manner.
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Your contact information:
All fields are mandatory *
RPS is committed to protecting and respecting your privacy. We will only use your personal information to administer your account and to provide the products and services you have requested. We would also like to contact you about our products and services, as well as other content that may be of interest to you.