Otto Candies, LLC

About Otto Candies, LLC

Otto Candies, LLC, founded in 1942, provides premier offshore marine transportation services for the offshore oil and gas, LNG, and offshore wind/new energy industries. As a family-owned business, they emphasize safety, transparency, and responsibility while delivering high-quality service with skilled mariners and advanced vessels.

Products & Services

Inspection Maintenance and Repair Vessels (IMR):Engineered for demanding challenges in the offshore oil and gas industry.

Offshore Supply Vessels / Platform Supply Vessels:Designed to transport essential goods, equipment, and supplies to and from offshore platforms.

Service Operation Vessels (SOVs):Equipped with dynamic positioning technology and motion-compensated gangway systems for safe personnel transfers in harsh sea conditions.

Dive Support Vessel (DSV):Designed for complex subsea operations including decommissioning, pipeline installations, inspections, and underwater construction.

Deck Barge:Built for heavy-duty performance, providing a stable platform for various offshore activities.

Windfarm Support Services:Comprehensive services supporting the development, commissioning, and maintenance of offshore wind farms.

Specialties

Offshore Oil and Gas Services LNG Marine Support Offshore Wind and New Energy Support High-Performance Vessel Operations Subsea Operations Safety and Environmental Responsibility

Funding History

Debug: View Raw Funding Data

#	Type	Amount Fields	Date Fields	Investors
1	RT: Term Loan T: - FT: Term Loan	A: 450000000 MR: - FA: $450,000,000 FAN: 450000000	D: 2025-11-12 FD: 2025-11-12	1 investors

Term Loan Latest

2025-11-12

$450.0M

1 investor (Pro only)

Growth Metrics

+45%

Employee Growth

YoY

3.2x

Funding Growth

Last Round

12

Markets

Operating

10K+

Customers

Active

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Mock Up

Team & Leadership

O

Otto B. Candies III

CEO and Chairman of the Board

P

Paul B. Candies II

President

R

Ryan Candies

Executive Vice President

B

Barry S. Blanchard

Chief Financial Officer

A

Ashley Candies

Operations Manager

B

Brett Candies

Traffic/Sales Manager

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Recent News

Otto Candies, LLC Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised