SRG Global Enters Agreement to Acquire TAMS, a Market Leader in Marine Infrastructure Services

SRG Global is pleased to announce that it has entered into a binding agreement to acquire 100% of TAMS, a leading end-to-end diversified marine infrastructure services partner with a 25+ year history and full self-perform capability. TAMS adds a highly complementary capability to SRG Global’s existing business. The acquisition is consistent with SRG Global’s strategy of driving step-change growth in recurring earnings underpinned by long-term collaborative maintenance and asset lifecycle agreements.

Commenting on the acquisition, SRG Global Managing Director, David Macgeorge, said:

“TAMS comes with a high-quality management team and workforce with a proven track record of delivering for clients through long-term, collaborative marine infrastructure and asset lifecycle services agreements and further embeds our transformation to a business with a profile of 80% annuity / recurring earnings in line with SRG Global’s long-term strategy.”