PROSERV GROUP LLC (“Proserv”), a leading energy services company, has acquired Nautronix, a leader in the supply of subsea digital acoustic communication products and positioning services to the oil and gas industry, based in Aberdeen, United Kingdom. Proserv is a portfolio company of Riverstone Holdings LLC, an energy-focused private equity firm based in New York.
Employing 120 people, Nautronix is headquartered in Aberdeen where the main research and development, and manufacturing facilities are located. The company is internationally recognised for its through-water digital acoustic wireless communications and positioning systems, diver communications and vessel systems whilst also providing survey services. The technology focussed organisation which operates across the global subsea sector provides a range of products and services including; NASNet®, NASCoM, NASDrill, NASDive and Survey Services.