Jamieson is pleased to announce that it has advised the management team of Ocean Technologies Group (OTG) on the sale of the business from Oakley Capital to Lloyd’s Register, a global provider of maritime professional services and digital solutions. This follows Lloyds’ Register’s acquisition of OneOcean (OO) in 2022.
OTG provides mission-critical training, compliance, operational and HR software to more than 1,000 shipowners and operators c.17,000 vessels and over one million seafarers, helping to ensure compliance, drive performance and increase efficiency. By combining with LR OneOcean and OTG, LR is now poised to deliver unparallelled value, enhanced safety and drive sustainable growth for clients and the sector as a whole.
Stuart Coventry, Matthew Mowat and Helen Briscoe advised the management team on their new incentive arrangements.