Sullivan Street-backed Ancora Group acquires Red7Marine

  • Ancora Group, backed by Sullivan Street Partners, completed the acquisition of UK marine engineering contractor Red7Marine.
  • Red7Marine, founded in 1999, is headquartered in Ipswich, Suffolk, with capabilities spanning marine civils and coastal defense projects.
  • The deal adds Red7Marine’s fleet of specialist jack-up vessels, strengthening Ancora’s self-delivery capacity on complex marine infrastructure work.
  • It also expands Ancora’s geographic footprint, increasing its presence on the UK’s south coast.
  • Financial terms were not disclosed.


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