Bochi Investments Acquires Diversified Marine, Inc
July 9, 2025
Bochi Investments, a Pacific Northwest private equity firm based in Lake Oswego, Oregon, has completed a platform acquisition of Diversified Marine, Inc (DMI), a Portland-based shipbuilder and shipyard services provider founded by Kurt Redd. DMI president Frank Manning will be elevated to owner and CEO as part of a management partnership; Umpqua Bank provided debt financing and legal advisors included McGuire Woods (for Bochi) and Miller Nash (for the Redd family).
- Buyers
- Bochi Investments, Diversified Marine management team
- Targets
- Diversified Marine, Inc
- Sellers
- Redd family
- Industry
- Manufacturing
- Location
- Oregon, United States
- Transaction Type
- Buyout
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