H2 Equity Partners (“H2”) is pleased to announce its investment in Motive Offshore Group (“Motive”) alongside its Founders and management team.
Headquartered in Banff, Scotland, Motive is a Founder-owned and managed business which rents, certifies, inspects and sells winches and other back-deck equipment used in offshore energy infrastructure. The business is growing rapidly supported by the successful transition to renewables and its strengthening international footprint.
Following H2’s investment, its Founders, David Acton and James Gregg, will continue to lead the business and work closely with H2 to deliver the next phase of Motive’s ambitious growth strategy and build on the progress made in transitioning to renewables.
For further information on Motive please refer to https://www.motive-offshore.com/
The investment represents the first of H2 Equity Partners Fund VI, a £300 million fund, which like Fund V, will focus on acquiring, strengthening and growing fundamentally attractive businesses headquartered in the United Kingdom, Ireland or the Benelux.