Platinum Equity
Mergers. Acquisitions. Operations.
 

Mergers. Acquisitions. Operations.

De Wave Group

Industrials • Private Transaction • Acquired in October 2019

A marine contractor that specializes in cruise ship interiors, providing both new build and refit services to ship builders and cruise operators.

De Wave Group, a Platinum Equity Portfolio Company, is a marine contractor that specializes in cruise ship interiors.

KEY FACTS

  • Acquired De Wave Group from a financial sponsor in October 2019.  
  • De Wave is a marine contractor that specializes in cruise ship interiors, providing both new build and refit services to ship builders and cruise operators.
  • The company specializes in all aspects of ship interiors, including cabins, bathroom units, galley catering systems and public areas.
  • The company also provides extensive upgrade, maintenance and spare parts capabilities, providing solutions for the full lifecycle of its customer’s vessels.
  • De Wave operates five facilities in Italy, Poland, Singapore and the United States, with vertically integrated production lines that offer full control throughout the product development process.

INITIATIVES

  • Identify opportunities for operational improvement in manufacturing, supplier sourcing and procurement.
  • Pursue add-on acquisitions to strengthen refitting capabilities, increase international profile, diversify shipyards, increase cruise operators and expand to adjacent businesses.

 

NEWS

Platinum Equity Acquires Global Marine Contractor De Wave Group  »

 

updated 11/19


 
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