Yes I like the acquisition too, an historic EBITDA multiple of...

Yes I like the acquisition too, an historic EBITDA multiple of about 5.3X which is good for this size, its in the right space, deeper bench strength in management and manning to leverage between it and OMS and the OMS JV.
Unlike most labour services acquisitions where you pick up contracts, employee databases and management teams (all intangibles that can disappear quickly) this deal comes with some hard assets $27M of vessels.
Also like that 6 of the 24 vessels are current chartered which helps downside risk if things go bad, and unlike the OMS deal where they incurred some one off costs a few years ago with the bareboat charter costs that were not back to back with client contracts (maintenance, usage and Fx if I recall) they seem to have covered this off nicely too here.

All in all a very positive deal. Well done.