BoyarMiller Closes Global Acquisition for Client Delmar Systems
HOUSTON (June 17, 2021) – BoyarMiller client Delmar Systems, Inc., the world’s leading developer of safe and efficient offshore mooring systems for the energy industry, has acquired Vryhof, a provider of anchoring and mooring solutions. The acquisition included both divisions of Vryhof – Deep Sea Mooring and Vryhof Anchors. The combined company, with its global footprint and enhanced asset portfolio, will continue as Delmar Systems and as Vryhof.
BoyarMiller represented Delmar in the complex transaction that involved conducting due diligence and managing negotiations with subsidiaries and legal counsel located on five continents.
Delmar CEO Nick Patterson said, “The BoyarMiller team was great and exceeded our expectations. We look forward to our next deal with BoyarMiller as our lead counsel.”
The BoyarMiller team includes Shareholders Gary Miller and Lyndsay Fincher, along with Associates Taylor Gaver and Vickie Wang.
“This was a strategically important global acquisition for our client, and our team managed the transaction efficiently and effectively as we worked with local counsel around the world,” said Shareholder Gary Miller. “We are very proud to have helped Delmar further enhance its position as a leader in offshore mooring-related services.”
About Delmar Systems
Established in 1968, Delmar Systems, Inc. is the world leader in offshore mooring and subsea services, providing the most efficient solutions for the global oil and gas industry. World-renowned for unmatched reliability and safety, the services provided by Delmar include engineering design, mooring analysis, project management, planning and procedures, operational installation, and mooring equipment rentals. Delmar Systems, Inc. is the owner and manufacturer of the patented RAR Plus technology.
BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses, and entrepreneurs in need of collaborative and strategic representation. See boyarmiller.com for more information.