Keppel Infrastructure Fund Acquires Global Marine Group from J.F. Lehman & Company

AK Jensen Group Acquires FMG Malta Ltd.

February 24, 2021

Financial Services

AK Jensen Group (AKJ) announced the acquisition of FMG Malta Ltd., a full-scope Alternative Investment Fund Manager (AIFM) serving traditional and crypto hedge funds. The deal gives AKJ a supplemental regulatory structure, a Brexit pathway, distribution capabilities and an established client base while enabling FMG members to access AKJ's turnkey hedge fund platform.

Maritime Partners-Managed Fund Acquires U.S. Marine Management from Maersk

September 26, 2023

Transportation

A fund managed by Maritime Partners, LLC acquired Norfolk, Virginia-based U.S. Marine Management LLC (USMMI) from Maersk Line, Limited on September 20, 2023. The deal adds USMMI’s fleet and long-term government contracts (including Military Sealift Command work and a Tanker Security Program award) to the acquiring fund’s portfolio to expand capabilities and diversify assets and counterparties.

Gulf Manufacturing (GMI) Acquires Maass Global Group with $40M Support from Main Street Capital

March 19, 2024

Manufacturing

Gulf Manufacturing, LLC (GMI) completed the acquisition of Maass Global Group, combining GMI’s U.S. manufacturing and distribution footprint with Maass’s global flange, forged-bar, pipe and fittings capabilities. Main Street Capital Corporation provided a $40.0 million first-lien senior secured term debt investment and a revolving line of credit to support the transaction and the formation of a new parent, Gulf Manufacturing Holdings, LLC.

MarineMax Acquires IGY Marinas

August 9, 2022

Real Estate

MarineMax, Inc. agreed to acquire Island Global Yachting LLC (IGY Marinas) for $480 million in cash plus a potential earnout of up to $100 million, expanding MarineMax's global marina and superyacht services footprint. The transaction, expected to close in the first half of fiscal 2023 (closed effective October 1, 2022 per follow-up release), adds 23 luxury marinas, a yacht management platform and the IGY Trident membership program while IGY's management will remain in place.

TechnipFMC Acquires Magma Global

October 13, 2021

Energy

TechnipFMC has completed the acquisition of the outstanding shares of Magma Global, a developer and manufacturer of thermoplastic composite pipe (PEEK TCP) for subsea and energy-transition applications. The deal brings Magma's composite pipe technology into TechnipFMC's portfolio to accelerate deployments in traditional oil & gas, CCUS and hydrogen transport, and to commercialize hybrid flexible pipe solutions.

Permira and Hg take co-controlling stakes in GGW Group

December 8, 2023

Insurance

Permira announced in December 2023 that a Permira-backed vehicle agreed to acquire GGW Group, the Hamburg-based insurance brokerage and MGA platform. In April 2024 Hg completed a new investment from its Hg Saturn fund and will own a co-controlling stake alongside Permira; GGW operates more than 60 brokerages and MGAs and employs over 1,700 people as it scales across Germany and Europe.