Fri, 28 Jul 2023 | BUSINESS SALE
APEM, a global environment company backed by private equity firm WestBridge, has completed the acquisition of NASH Maritime, a specialist shipping risk consultancy based in Southampton. The deal follows APEM Group's recent acquisition of Dublin-based landscape and visual consultancy services firm Macro Works.
The deal is Stockport-headquartered APEM’s fifth in the space of the past two years, with the group’s CEO Leah McGimpsey saying that it “delivers on our stated strategy of organic growth, international expansion and strategic acquisitions.”
NASH Maritime was founded in 2018 and provides advanced shipping, navigation and maritime risk studies designed to inform sustainable decision-making and the safe co-existence of maritime infrastructure projects. Through its acquisition by APEM, the company will be able to offer its customers an enhanced range of technical shipping and navigation capabilities.
Leah McGimpsey said: "NASH Maritime will be a significant addition to the group, bringing maritime expertise, cutting-edge technology solutions and a global footprint, while broadening the markets and clients we serve.”
"By bringing NASH Maritime and the APEM Group together, we are continuing to deliver on our mission to provide ecological and technological solutions to decision makers around the globe, partnering with them to achieve environmental and social outcomes that matter."
NASH Maritime director and co-founder Jamie Holmes said that APEM’s backing would enable the company to “expand our services globally and further invest in the development of our innovative technology software and product solutions."
WestBridge partner Peter Barkley added: "We will continue to seek to add quality focussed, culturally aligned businesses that bring complementary services to customers of the APEM Group, having completed two such acquisitions already this year."
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