DeepOcean Group Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Private

  • Employees
  • 1,400

Employees

  • Latest Deal Type
  • Buyout/​LBO

  • Financing Rounds
  • 4

  • Investments
  • 10

DeepOcean Group General Information

Description

Provider of subsea inspection, maintenance and repair services intended for the oil and gas and renewable offshore industries. The company specializes in pipeline and structural inspection, high-resolution seabed mapping, survey and positioning and subsea module handling as well as offers subsea construction support, topside maintenance, engineering and structural decommissioning, enabling clients with cost-efficient, safe and sustainable operations.

Contact Information

Formerly Known As
DeepOcean AS
Ownership Status
Privately Held (backing)
Financing Status
Private Equity-Backed
Corporate Office
  • Ruseløkkveien 26
  • 0251 Oslo
  • Norway
+47 22
Primary Industry
Other Commercial Services
Other Industries
Environmental Services (B2B)
Marine
Vertical(s)
Corporate Office
  • Ruseløkkveien 26
  • 0251 Oslo
  • Norway
+47 22

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DeepOcean Group Valuation & Funding

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

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DeepOcean Group Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of subsea inspection, maintenance and repair services intended for the oil and gas and renewable offshore indus
Other Commercial Services
Oslo, Norway
1,400 As of 2024

Aberdeen, United Kingdom
 

Haugesund, Norway
 
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DeepOcean Group Competitors (9)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ROVOP Formerly PE-Backed Aberdeen, United Kingdom
Reach Subsea Corporation Haugesund, Norway
Subsea Innovation Private Equity-Backed Darlington, United Kingdom
Oceaneering International Corporation Houston, TX
Royal Boskalis Westminster Private Equity-Backed Papendrecht, Netherlands
You’re viewing 5 of 9 competitors. Get the full list »

DeepOcean Group Patents

DeepOcean Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
AU-2021326373-A1 Launch and recovery of underwater units or vehicles Pending 14-Aug-2020
EP-4196392-A1 Launch and recovery of underwater units or vehicles Pending 14-Aug-2020
US-20230303221-A1 Launch and recovery of underwater units or vehicles Pending 14-Aug-2020
GB-202214571-D0 Improvements in pumping operations using underwater vehicles Active 26-Mar-2020
GB-2609120-A Improvements in pumping operations using underwater vehicles Active 26-Mar-2020 F16L1/265
To view DeepOcean Group’s complete patent history, request access »

DeepOcean Group Executive Team (10)

Name Title Board Seat
Øyvind Mikaelsen Chief Executive Officer
Frode Garlid Chief Financial Officer
Ottar Mæland Chief Operating Officer
Matthias Jungwirth Director, Mergers & Acquisitions and Corporate Development
Stephane Abergel Chief Commercial Officer
You’re viewing 5 of 10 executive team members. Get the full list »

DeepOcean Group Board Members (18)

Name Representing Role Since
Self Board Member
Self Board Member
Self Chairman
Triton Partners Board Member
Triton Partners Board Member
You’re viewing 5 of 18 board members. Get the full list »

DeepOcean Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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DeepOcean Group Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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DeepOcean Group Investments & Acquisitions (10)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
btwn (Sandnes) 11-Jan-2024 IT Consulting and Outsourcing
Remota (Haugesund) 15-Jun-2022 Other Commercial Services
Installit (Oslo) 07-Apr-2022 Other Commercial Services
Windstaller Alliance 14-Oct-2021 Other Commercial Services
Adepth Minerals 12-Jul-2021 Buyout/LBO Other Metals, Minerals and Mining
You’re viewing 5 of 10 investments and acquisitions. Get the full list »

DeepOcean Group Subsidiaries (2)

Company Name Industry Location Founded
Searov Offshore Other Commercial Services Frontignan, France 2008
ADUS DeepOcean Other Commercial Services St Andrews, United Kingdom
To view DeepOcean Group’s complete subsidiaries history, request access »

DeepOcean Group FAQs

  • When was DeepOcean Group founded?

    DeepOcean Group was founded in 1999.

  • Who is the CEO of DeepOcean Group?

    Øyvind Mikaelsen is the CEO of DeepOcean Group.

  • Where is DeepOcean Group headquartered?

    DeepOcean Group is headquartered in Oslo, Norway.

  • What is the size of DeepOcean Group?

    DeepOcean Group has 1,400 total employees.

  • What industry is DeepOcean Group in?

    DeepOcean Group’s primary industry is Other Commercial Services.

  • Is DeepOcean Group a private or public company?

    DeepOcean Group is a Private company.

  • What is DeepOcean Group’s current revenue?

    The current revenue for DeepOcean Group is .

  • Who are DeepOcean Group’s investors?

    Triton Partners and Tennenbaum Capital Partners have invested in DeepOcean Group.

  • Who are DeepOcean Group’s competitors?

    ROVOP, Reach Subsea, Subsea Innovation, Oceaneering International, and Royal Boskalis Westminster are some of the 9 competitors of DeepOcean Group.

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