General – Acquisition
Inspirit Capital confirms the completion of the carve-out of CWind, a leading provider of offshore wind support services, from Global Marine Group.
CWind completes approximately 60,000 crew transfers annually, utilising their fleet of crew transfer vessels (CTV), including the world’s first hybrid Surface Effect Ship, CWind Pioneer.
Inspirit Capital is a London-based investment firm that specialises in acquiring businesses that are no longer core to their parent company’s strategic objectives and require a different ownership structure to achieve their full potential.
Joe Browse, Managing Director at CWind added: “CWind is embarking on an exciting journey with Inspirit Capital as our new owner. Our unwavering commitment to the offshore wind industry remains stronger than ever. This acquisition will enable us to enhance our offering, further explore innovative solutions for our clients, and continue supporting the growth of clean, sustainable energy generation.”