OceanPact Completes US$35MM Equity Raise

In January 2014, OceanPact successfully raised US$35MM of equity financing from a prominent Brazilian asset management firm.

Headquartered in Rio de Janeiro, Brazil, OceanPact is a leading oil spill response company in the Latin American market. OceanPact provides emergency management and response and the development and implementation of solutions related to offshore and coastal environments, focusing the oil & gas, shipping, and port industries.

The proceeds of the transaction will be used for the acquisition of Platform Supply Vessels (PSVs) and the purchase of operating equipment.

BroadSpan Capital LLC acted as exclusive financial advisor to OceanPact for this transaction.