Triton Group acquires VisualSoft
Posted on 17.09.2008 - 10:00 UTC in ACQUISITION/MERGER NEWS by Rons_ROV_Links
Triton Group has has completed the deal to acquire VisualSoft - its eighth acquisition since forming in 2007. The deals to date are worth, in total, more than GBP100 million. Privately-owned VisualSoft employs nine people with a GBP2.7 million turnover and is active in digital video inspection systems which have a proven track record in the offshore inspection and survey market.
With 300 systems in the field worldwide, VisualSoft sells and rents their systems which offer a complete solution for underwater video capture, playback and reporting of pipeline and structural inspection survey data.
In line with the group's acquisition strategy, VisualSoft's shareholders and directors, David Cant and Paul Evans, will remain with the company and become shareholders of Triton Group.