Carr's Hill Capital Partners Recapitalizes Matthews Brothers Dredging
June 26, 2023
Carr's Hill Capital Partners (CHP) has partnered with founders Shaw and Tom Matthews to recapitalize Matthews Brothers Dredging (MBD) and support the company's expansion across U.S. Gulf Coast markets. As part of the transaction, Declan Rushe was named CEO to lead growth of the marine infrastructure and mechanical dredging business, which is based in Pass Christian, Mississippi and provides recurring maintenance and capital dredging services.
- Targets
- Matthews Brothers Dredging, LLC
- Sellers
- Shaw Matthews, Tom Matthews
- Industry
- Industrial Services
- Location
- Mississippi, United States
- Transaction Type
- Recapitalization
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