Mergers and Acquisitions

J.F. Brennan Company announced February 24 that it has begun a Small Business Administration-certified joint venture with Ahtna Marine & Construction Company LLC. The partnership establishes a mentor-protégé relationship between… Read More

Southern Towing Company (STC), an affiliate of CC Industries (CCI), announced February 2 it has acquired Devall Towing from the Devall family. Devall Towing is a towboat and barge operator… Read More

Petroleum Service Corporation (PSC), a Baton Rouge, La.-based provider of tankerman and product handling and logistics services for the marine transportation, terminal, chemical and refining industries, has announced its acquisition… Read More

Turn Services, a New Orleans-based provider of fleeting and towing services, has announced it has completed the acquisition of Bayou Fleet, located at Mile 125.5 on the Lower Mississippi River. Read More

Centerline Logistics, Seattle, Wash., announced December 28 that it has acquired Saltchuk Marine Services’ California ship refueling business, currently operated by subsidiary Foss Maritime Company. The expansion will substantially increase… Read More

Encore Dredging Partners LLC (EDP), a newly formed premier specialty dredging and marine infrastructure services firm, announced January 5 that it has acquired Inland Dredging Company LLC for an undisclosed… Read More

United States Steel Corporation announced December 8 that it has exercised its call option to acquire the remaining equity of Big River Steel for approximately $774 million from cash on… Read More

SEACOR Holdings Inc. announced December 7 that it has entered into a definitive agreement with an affiliate of American Industrial Partners—a New York-based private equity firm that focuses on buying,… Read More

Private equity firm CapitalWorks of Cleveland, Ohio, announced November 25 it has completed a majority investment in Electromechanical Research Laboratories Inc. (ERL) of New Albany, Ind., and subsidiary Law Valve… Read More