When Mark Waller, CEO and Managing Director of Proceanic, first came to MGA, he knew his accounting needed more clarity. “Before working with MGA, I never felt completely confident with my accounting,” he recalls. “I rarely felt like something was explained 100% clearly to me, so I always had an uneasy feeling in the back of my mind. Once I started working with MGA, it was like night and day. Things really improved across the board, and I gained clarity out of the fog.”
For the past three years, MGA has helped Proceanic move from uncertainty to confidence, bringing organization, insight, and structure to the company’s financial and tax strategy. Before partnering with MGA, Proceanic received inconsistent guidance that left many gray areas unresolved. With MGA, and Partner Adam Barr in particular, those issues were identified and corrected, and new opportunities emerged.
MGA’s team helped Proceanic take advantage of research and development tax credits, employee retention credits, and capital expenditure strategies that had previously gone untapped. “Things are a lot more organized, much clearer, and, being truthful, a little more expensive, which is okay because it’s money well spent,” Mark says. “You truly get added value.”
Founded in 2002, Proceanic began as an engineering consulting firm providing project and construction management services to the offshore industry. Over time, it expanded into underwater inspection services — now the core of its business. Headquartered in Houston, with operations in Singapore, Malaysia, and Brazil, Proceanic relies on MGA to help navigate international tax compliance and entity structuring. Through MGA’s global network, the team connects clients with trusted international partners when specialized expertise is needed.
“One thing I really appreciate about MGA is that they’re honest about their limits,” Mark says. “If something falls outside their immediate scope, they reach out to trusted partners to get us the right answer. That’s incredibly valuable.”
As Proceanic continues to expand, Mark knows he can count on MGA for guidance and clarity. “Adam has an uncanny knack for clarifying questions in my head and giving me guidance,” he explains. “I’m not a financial guy — I’m a technical and commercial guy. I can rely on Adam to clearly answer my questions. Nine times out of ten, MGA is able to answer my question or solve my issue quickly and concisely. That one time out of ten when they can't, they tell me that immediately, but then they go out and find the answer for me.”
How MGA Supports Proceanic:
- International tax planning and compliance
- R&D and employee retention credit optimization
- Capital expenditure and depreciation strategy
- Cross-border coordination through trusted global partners
- Strategic advisory and ongoing financial guidance
With MGA as their trusted advisor, Proceanic operates with clarity and confidence, navigating global growth while staying focused on what they do best: delivering excellence in offshore engineering and inspection.
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