Acteon

Norwich, United Kingdom Founded: 1984 • Age: 42 yrs Acquired By Buckthorn Partners
Subsea services are offered for the oil and gas sector.
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About Acteon

Acteon is a company based in Norwich (United Kingdom) founded in 1984 was acquired by Buckthorn Partners in March 2024. It operates as a Professional Services, and Managed Services. Acteon has completed 6 acquisitions, including Benthic, Bruce Anchor and Deepwater Corrosion Services. Acteon offers products and services including Site Investigation and Characterisation, Offshore Construction, Asset Integrity Management, and Life Extension and Decommissioning. Acteon operates in a competitive market with competitors including Rovco, Ocean Aero, DeepOcean, MMA Offshore and Halfwave, among others.

  • Headquarter Norwich, United Kingdom
  • Sectors
    Energy & Utilities
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Acteon Group Operations (Uk) Limited
Operational Areas
Energy & Utilities → Oil & Gas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $360.63 K (USD), Grant

    Jun 01, 2016

  • Investors
    KKR

    & 8 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
    Benthic

    & 5 more

  • Acquired by
    Buckthorn Partners

    & 3 more

    (Mar 27, 2024)

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Products & Services of Acteon

Acteon offers a comprehensive portfolio of products and services, including Site Investigation and Characterisation, Offshore Construction, Asset Integrity Management, and Life Extension and Decommissioning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Seabed conditions are analyzed for offshore project planning.

Marine infrastructure installation is supported for offshore projects.

Offshore assets are monitored for integrity and maintenance.

Aging offshore assets are managed for decommissioning processes.

People of Acteon
Headcount 200-500
Employee Profiles 29
Employee Profiles
People
Tim O'Sullivan
Survey Engineer
People
Odd H Knudsen
Country Manager Norway
People
Atinderpal Singh Pannu
Senior Survey Engineer
People
Mike Roye
Project Support Manager

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Funding Insights of Acteon

  • Total Funding
  • Total Rounds 8
  • Last Round Grant — $360,626
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Grant - Acteon Valuation

investors

Jan, 2016 Amount Grant - Acteon Valuation

investors

Jun, 2015 Amount Grant - Acteon Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Acteon

Acteon has secured backing from 9 investors, including institutional and venture fund investors. Prominent investors backing the company include KKR, One Equity Partners and First Reserve. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private investment firm specializing in markets and partnerships.
Founded Year Domain Location
-
Founded Year Domain Location
Investments are focused on sustainable energy transition solutions.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Acteon

Acteon has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Benthic, Bruce Anchor and Deepwater Corrosion Services. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Marine energy and infrastructure survey services are provided.
2006
Offshore geophysical and geotechnical services are provided by Benthic.
2002
Hydrographic, marine geophysical, and land survey services are provided.
1994
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Acteon

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Acteon Comparisons

Employees
+
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Competitors of Acteon

Acteon operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Rovco, Ocean Aero, DeepOcean, MMA Offshore and Halfwave, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Provider of AI-driven ROVs and services for inspection of ships
domain founded_year HQ Location
Autonomous underwater vehicles are supplied for surface and subsurface monitoring.
domain founded_year HQ Location
Provider of subsea repair and maintenance services
domain founded_year HQ Location
Offshore support services provider to the oil & gas industry
domain founded_year HQ Location
Ultra-wideband acoustic technology is provided for pipeline inspections.
domain founded_year HQ Location
Offshore vessel support, project management, and engineering services are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Acteon

Frequently Asked Questions about Acteon

When was Acteon founded?

Acteon was founded in 1984 and raised its 1st funding round 19 years after it was founded.

Where is Acteon located?

Acteon is headquartered in Norwich, United Kingdom. It is registered at Norwich, Norfolk, United Kingdom.

Who is the current CEO of Acteon?

Richard Higham is the current CEO of Acteon.

What does Acteon do?

Acteon is involved in providing engineering and lifecycle solutions for offshore energy assets. Services are offered across industries like renewables, oil and gas, and nearshore construction. Comprehensive support is provided throughout the project lifecycle, from site investigation and offshore construction to asset integrity management and decommissioning. Solutions are designed to reduce risk, optimize costs, and enable smarter decisions in challenging marine environments. Digital insights and domain-specific expertise are combined to address complex offshore challenges globally.

Who are the top competitors of Acteon?

Acteon's top competitors include Rovco, DeepOcean and Ocean Aero.

What products or services does Acteon offer?

Acteon offers Site Investigation and Characterisation, Offshore Construction, Asset Integrity Management, and Life Extension and Decommissioning.

How many acquisitions has Acteon made?

Acteon has made 6 acquisitions, including Benthic, Bruce Anchor, and Deepwater Corrosion Services.

Who are Acteon's investors?

Acteon has 9 investors. Key investors include KKR, One Equity Partners, First Reserve, European Union, and Ardian.

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