LOC Group

LOC Group is an international provider of marine and engineering assurance services to the offshore oil & gas and marine markets.

Sector Business Services Office London
Acquired 2013 Deal size N/D

Background

Established in 1979, LOC Group is an international professional services firm which operates from 30 offices across six continents. It is a top three global provider of marine warranty surveys ('MWS'), required for the transport and installation of offshore capital equipment and is the market leader in marine casualty consultancy for Protection & Indemnity ('P&I') insurance clients in high profile incident and dispute cases.

The oil & gas MWS market is expected to grow at 15% per annum, especially in emerging markets where LOC has strong and growing presence.  Moreover, LOC's markets in the oil & gas sector generally are expected to exhibit strong growth as the number of new offshore platforms increase.  The investment is managed by Bridgepoint Development Capital.

To learn more about the company, visit www.loc-group.com