We acted as exclusive financial advisor to alternative direct lender Aurelius Finance Company, a German private equity firm, in providing financing to support the buyout of Ardent, a global emergency management and offshore decommissioning company, from its international co-owners Svitzer (Denmark) and Crowley Holdings (USA).

With this acquisition, Ardent will have expanded financial resources to help develop its position at the forefront of both the emergency management and offshore decommissioning industries in addition to expanding its offering of select subsea services. It is expected Ardent will retain the same team, assets, and growth plan, and continue to cooperate with Svitzer and Crowley Maritime Corp. on unchanged terms.

Note: This work was performed prior to joining Stout.

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