Hamburg, 7 February 2019 – Silverton Maritime Solutions GmbH (Silverton Maritime), part of the Silverton Group, expanded its range of services in 2018, to include compliance and Mergers & Acquisitions (M&A). In the course of this, the company has further increased its staff, with Susanne Mertens and Frank Bergert joining the team as Senior Consultants. Both are acknowledged experts in the maritime industry.
At the end of the last year Silverton Maritime, in cooperation with the Luther Rechtsanwaltsgesellschaft, advised Thomas Miller Holdings Ltd., an English specialist in liability insurance for ships, on the acquisition of the Hamburg-based Zeller Associates group of companies, facilitating the entire financial due diligence for the transaction. Luther Rechtsanwaltsgesellschaft carried out the legal and taxation due diligence, as well as providing legal support for the negotiations up to the conclusion of the purchase contract. Frank Bergert of Silverton Maritime has been appointed as one of the directors of the German acquiring company and is responsible for the post-merger integration.
Silverton Maritime was 2018 also involved in the development of a ship fund and was responsible for fulfilling all compliance requirements for the compilation of the prospectus. During the planning of another ship fund, the company was entrusted with the verification of the fund’s commercial parameters.
Silverton Maritime Solutions GmbH, Hamburg, was founded in 2017 as a joint venture between the Silverton Group and Ulf Bertheau. Its objective is to advise buyers and sellers on the sale of shipping loans and to take over loan servicing as an external service provider.
Ulf Bertheau, Managing Partner of Silverton Maritime, comments: „The expansion of our services has been well received by the market. In 2019, we will further intensify and expand our activities in the areas of M&A and compliance advice. We are anticipating brisk trading in ship loans this year and will be offering our loan servicing expertise to the market players involved”.
The range of services provided by the Silverton Group also include investment management and asset management of commercial property and loans secured on real estate; consultancy services for transaction and implementation in the areas of special situations, distressed debt and real estate; risk advisory services; and banking consultancy.