Ropes & Gray has advised New York based private equity firm American Industrial Partners (AIP) on the acquisition of FSV Group AS (FSV) by its portfolio company Aquaship | Internship through funds advised by AIP as its majority owner.
Together, the companies form the world's second-largest maritime service provider for the aquaculture industry, offering a comprehensive suite of services and vessels tailored to meet the industry’s evolving needs, including transportation, treatment, feed distribution, harvesting and site services.
The combined companies will operate a fleet of 60 vessels, with eight additional vessels currently being built. More than 1,000 employees will work across Norway, Chile, the United Kingdom, Ireland, Canada and the Faroe Islands.
Ropes & Gray previously advised AIP on the acquisitions of majority stakes in Aquaship AS and Intership AS and the subsequent merger and refinancing of the combined group.
The Ropes & Gray team was led by private equity partner Victoria McGrath and finance partner Alex Robb, with private equity associate Sam Wolfe-Murray, finance counsel Sean Darling and finance associate Kwame Adzatia and trainee solicitor Marina Sultonova.
Stay Up To Date with Ropes & Gray
Ropes & Gray attorneys provide timely analysis on legal developments, court decisions and changes in legislation and regulations.
Stay in the loop with all things Ropes & Gray, and find out more about our people, culture, initiatives and everything that’s happening.
We regularly notify our clients and contacts of significant legal developments, news, webinars and teleconferences that affect their industries.