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Mergers and Acquisitions

Brennan Acquires Harbor Offshore Inc.

Specialty construction firm J.F. Brennan Company announced on May 3 that it has acquired California-based Harbor Offshore Inc. (HOI). HOI specializes in commercial diving, marine construction, maritime security barriers and submarine cable installation. 

The acquisition adds submarine cabling and maritime security barrier expertise to Brennan’s portfolio; it also expands the company’s operations geographically. With the addition of licensing along the West Coast, Hawaii and Alaska, Brennan is now operable in all 50 states. 

”This acquisition opens new geographies, positioning us to better deliver our brand of work to clients and partners,” said Matt Binsfeld, Brennan president and CEO. “It also adds new skill sets to our team, preparing us to take on and deliver high-demand work for the decades ahead.

“The addition of HOI builds on the incredible team and talents of everyone here at Brennan—bringing in like-minded professionals who equally value safe work that’s executed in a high-quality manner and performed efficiently,” he said.

In business since 1997, HOI has offices in Ventura, Calif.; Kona, Hawaii; and Seattle and Spokane, Wash.

“HOI is pleased to become part of a company with a similar culture that embraces the importance of its employees,” said Jeff Terai, HOI president. “With the added strengths and capabilities of Brennan, we look forward to introducing the new team to our valued clients.” 

J.F. Brennan Company Inc. is a fourth-generation, family-owned marine construction firm that specializes in environmental remediation, dam construction, commercial dive, harbor management and submarine cable services. Working closely with public and private owners of water-based infrastructure since 1919, Brennan operates throughout coastal and inland waterways nationwide, maintaining a large fleet of marine equipment backed by more than 600 maritime professionals.