Strategic partnership targets growth opportunities in vessel finance, offshore support and marine operations
Blue Water Marine Capital, a leading provider of maritime financing to the workboat industry, and Horizon Offshore Services, based in Houston, have announced the successful completion of a 25% cross-purchase stock transaction between the two companies.
This strategic partnership marks a significant milestone for both organizations, strengthening their capabilities and positioning them for continued growth within the maritime and offshore services sectors.
Kevin Butler, President/ CEO of Blue Water Marine Capital, and Nikolas Nikolo CEO of Horizon Offshore Services, expressed their enthusiasm regarding the transaction.
Both leaders highlighted the alignment of their companies’ vision, expertise, and commitment to delivering high-quality financial and operational solutions across the industry.
“This partnership allows us to expand our reach and better serve our clients with enhanced resources and expertise,” said Kevin Butler.
Nikolas Nikolai added, “We are excited to join forces with Blue Water Marine Capital and look forward to leveraging our combined strengths to drive innovation and growth.”
The cross-ownership structure is designed to foster collaboration, increase operational synergies, and create new opportunities in vessel financing, offshore support, and maritime services on both a national and international scale.
Both companies will continue to operate under their respective brands while working closely together to deliver expanded solutions to their esteemed clients.
