Access Capital Partners Finalizes Stake Sale to Ocean Yield
Deal News | Jul 18, 2025 | Orrick
Access Capital Partners has sold its remaining stake in France LNG Shipping (FLS) to Ocean Yield AS, a KKR-backed company. Orrick provided legal advisory services to Access Capital Partners. FLS is a joint-venture between Nippon Yusen Kabushiki Kaisha and Geogas LNG. Post-transaction, Ocean Yield, owned by KKR Global Infrastructure Investors IV, enhances its footing in the LNG shipping sector. Previously, Orrick also advised on the sale of stakes in Geogas LNG involving CVC DIF and Access Capital Partners to Ocean Yield. The transaction is aligned with Ocean Yield's long-term growth strategy.
Sectors
- Private Equity
- Shipping and Transportation
- Legal Services
Geography
- France – Home of France LNG Shipping and Geogas LNG, both involved in the transaction.
- Norway – Location of Ocean Yield AS, a company backed by KKR, taking part in the acquisition.
- United States – Home to KKR, which is a major player in the transaction through its Global Infrastructure Investors IV fund.
Industry
- Private Equity – Involves Access Capital Partners as a private assets manager and KKR as a private equity giant with investments in infrastructure.
- Shipping and Transportation – Concerns France LNG Shipping and Ocean Yield AS, both key players in LNG carrier vessels and ship ownership.
- Legal Services – Involves Orrick, a legal advisory firm guiding the transaction.
Financials
- Not Specified – The exact financial details of the transaction between Access Capital Partners and Ocean Yield AS were not disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Access Capital Partners | Selling Company | Company | An independent private assets manager investing in Western Europe. |
| Ocean Yield AS | Bidding Company | Company | A ship-owning company with KKR backing, specializing in long-term charters. |
| KKR Global Infrastructure Investors IV | Investor | Company | A fund managed by KKR, owning Ocean Yield AS. |
| France LNG Shipping | Target Company | Company | Operates LNG carrier vessels under long-term charters. |
| Orrick | Legal Advisor | Company | Provided legal advisory services for Access Capital Partners. |