Deeper has been acquired by Resource Partners
June 2021 — The co-founders and other private shareholders of Deeper have sold the company to Resource Partners.
Based in Lithuania, Deeper is a castable sonar (fish finders) global market innovator and leader. It produces and sells castable fish finders under the Deeper brand and is developing a global fresh-water (lakes and rivers) mapping solution with information crowdsourced in real-time from its sonars. Deeper’s range of smart sonar devices are sold in more than 50 countries.
Resource Partners is a CEE-focused private equity fund. Founded in 2009, the firm specializes in fast-growing companies with experienced management, supporting them in managing rapid organic growth or through M&A transactions.
Our role in the transaction
Oaklins’ team in Lithuania acted as advisor to the selling shareholders. Oaklins’ marine equipment specialist team in the Netherlands supported the transaction at its early stage.
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