Baird Capital has been recognized as a finalist for its successful exit from Subsea Technology & Rentals, highlighting significant value creation and growth during their investment period.

Target Information

Subsea Technology & Rentals (STR) is a prominent provider of subsea equipment and services catering to the offshore energy and marine science sectors. With a strong focus on innovation, STR has established itself as a leader in delivering high-quality solutions and is well-regarded for its commitment to enhancing operational efficiency and sustainability in the subsea environment.

Baird Capital's investment in STR, made in January 2022, was instrumental in supporting the company's rapid growth. Under Baird's guidance, STR expanded its operations significantly across the US and Asia, resulting in an impressive revenue increase of over 300% during the three-year investment period.

Industry Overview in the UK

The subsea technology sector in the UK and ROI is a vital component of the offshore energy market, which has seen substantial investments driven by the global shift toward renewable energy sources. The growing emphasi