AKD advises founder of Oceanwide Expeditions on sale of minority interest to Bolster Investment Partners

December 28, 2020

Bolster Investment Partners (Bolster) acquired a minority stake of 25% in Oceanwide Expeditions, a market-leading specialist in expedition cruises to Antarctica and the Arctic. Bolster will support Oceanwide Expeditions realising its growth ambitions.

About Oceanwide Expeditions

Oceanwide Expeditions was founded in 1993 by father and son, Wijnand and Michel van Gessel. Since then, Oceanwide has become a travel specialist for small-scale expedition cruises to the polar regions. Oceanwide owns four ships. A fifth ship will be operational in September of 2021. Offering thematic trips and versatile outdoor activities in combination with a focus on ecological sustainability and preservation, Oceanwide has won the award for World's Leading Polar Expedition Operator five times. In addition to offering cruises for nature lovers and education, Oceanwide's ships are also used for scientific research.

Bolster's participation originates from Oceanwide's wish to broaden its shareholder base, increase its financial strength, and accelerate growth.

About Bolster

Bolster is a long-term investor specialising in the acquiring of minority interests. Bolster invests in exceptional Dutch companies with a keen focus and proven business model. Bolster helps entrepreneurs realise their company’s full potential by acting as equal partners.

Team

The team of AKD consisted of Nathalie van Woerkom, Rosanne Vlasveld, Jos Kroep (M&A). From our Tax department Robert Jean Kloprogge and Sjoerd Waagmeester were involved.