Stout served as exclusive financial advisor to Graig Shipping PLC (“Graig”), in connection with Idwal’s sale to LDC.
Based in Cardiff, U.K., Idwal provides vessel condition and integrity inspections, fleet monitoring, and data services for customers across the marine industry. Its services are used by ship owners, brokers, ship operators, flag states, investors, and other financial stakeholders when evaluating investments or divestments in marine assets and when assessing the condition of vessels and fleets.
The business was originally founded as a division of Graig in 2010. With its investment and support, Idwal has grown quickly under CEO Nick Owens due to increased demand from its global customers and its focus on consistency, integrity, and data-led inspections in the global maritime sector. Its Idwal Grade® asset condition rating enables sector peer-group benchmarking and has become a recognized standard in the industry.
Stout Park Limited (“Stout”) is an Appointed Representative of Sturgeon Ventures LLP which is authorized and regulated by the Financial Conduct Authority.