Seaway Offshore Cables Overview

  • Year Founded
  • 2003

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 100

Employees

  • Latest Deal Type
  • M&A

  • Financing Rounds
  • 2

Seaway Offshore Cables General Information

Description

Provider of submarine cable installation, repair and maintenance services intended to serve the demanding needs for safe and reliable offshore operations in rough seas. The company's submarine cable installation, repair and maintenance services include engineering, procurement, installation and commissioning of inner array grid as well as export cable systems, cable trenching, chartering, route engineering, route clearance, boulder clearance and relocation, dive support and related services, enabling offshore wind, floating offshore wind, marine energy, utilities, oil and gas markets to safely increase the operability during poor weather conditions.

Contact Information

Formerly Known As
Five Oceans Services, Siem Offshore Contractors
Ownership Status
Acquired/Merged
Financing Status
Corporate Backed or Acquired
Corporate Office
  • Bavinkstrasse 23
  • 26789 Leer
  • Germany
Primary Industry
Other Communications and Networking
Other Industries
Other Commercial Services
Acquirer
Vertical(s)
Corporate Office
  • Bavinkstrasse 23
  • 26789 Leer
  • Germany

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Seaway Offshore Cables Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Seaway Offshore Cables Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of submarine cable installation, repair and maintenance services intended to serve the demanding needs for safe
Other Communications and Networking
Leer, Germany
100 As of 2024

Oslo, Norway
 

Oslo, Norway
 
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Seaway Offshore Cables Competitors (2)

One of Seaway Offshore Cables’s 2 competitors is DeepOcean Group, a Private Equity-Backed company based in Oslo, Norway.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
DeepOcean Group Private Equity-Backed Oslo, Norway
Akofs Offshore Private Equity-Backed Oslo, Norway
You’re viewing 2 of 2 competitors. Get the full list »

Seaway Offshore Cables Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Seaway Offshore Cables Former Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Seaway Offshore Cables FAQs

  • When was Seaway Offshore Cables founded?

    Seaway Offshore Cables was founded in 2003.

  • Where is Seaway Offshore Cables headquartered?

    Seaway Offshore Cables is headquartered in Leer, Germany.

  • What is the size of Seaway Offshore Cables?

    Seaway Offshore Cables has 100 total employees.

  • What industry is Seaway Offshore Cables in?

    Seaway Offshore Cables’s primary industry is Other Communications and Networking.

  • Is Seaway Offshore Cables a private or public company?

    Seaway Offshore Cables is a Private company.

  • What is the current valuation of Seaway Offshore Cables?

    The current valuation of Seaway Offshore Cables is .

  • What is Seaway Offshore Cables’s current revenue?

    The current revenue for Seaway Offshore Cables is .

  • Who are Seaway Offshore Cables’s investors?

    Sea1 Offshore has invested in Seaway Offshore Cables.

  • Who are Seaway Offshore Cables’s competitors?

    DeepOcean Group and Akofs Offshore are competitors of Seaway Offshore Cables.

  • When was Seaway Offshore Cables acquired?

    Seaway Offshore Cables was acquired on 11-Apr-2018.

  • Who acquired Seaway Offshore Cables?

    Seaway Offshore Cables was acquired by Subsea 7.

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