Astatine Investment Partners Acquires McKeil Marine from TorQuest Partners

AIMCo Acquires Astatine's Stake in Howard Energy Partners

November 8, 2022

Energy

Alberta Investment Management Corporation (AIMCo) has acquired Astatine Investment Partners' stake in Howard Energy Partners, increasing AIMCo's ownership to 87%. Howard Energy Partners' management and other minority investors will retain a combined 13% stake; terms were not disclosed.

Astatine Investment Partners Acquires NRG Riverside

April 24, 2024

Transportation

Astatine Investment Partners has acquired NRG Riverside, the UK’s leading rental provider of specialist waste collection vehicles, from Palatine and other shareholders. The deal gives Astatine a market-leading platform with over 2,000 vehicles and a UK-wide maintenance footprint; management will remain in place as Astatine supports growth, including transition to zero-emission vehicles.

Maritime Partners (via Project Merchant Acquisition) Acquires American Tanker Holding Company from AMSC ASA

August 22, 2023

Transportation

Funds managed by Maritime Partners, LLC (through newly-formed Project Merchant Acquisition LLC) agreed to buy American Tanker Holding Company, Inc. (ATHC), AMSC ASA's Jones Act tanker business, for aggregate gross cash proceeds to AMSC of US$249.3 million (enterprise value reported at US$746.7 million). ATHC owns nine handysize product tankers and one handysize shuttle tanker on long-term bareboat charters to Overseas Shipholding Group and Keystone Shipping; the deal is intended to complement Maritime Partners' existing vessel-lease portfolio and diversify lessee and asset exposure in the protected Jones Act market.

Maritime Partners Acquires M/G Transport from Auxo Investment Partners

August 10, 2022

Transportation

Maritime Partners, through its managed funds, has agreed to acquire M/G Transport Holdings LLC from Auxo Investment Partners and its affiliates. M/G, a longtime provider of inland barge transportation on the Lower Mississippi River and West Canal to Houston, will continue to operate under its brand with existing management; terms were not disclosed.

Aterian Investment Partners Acquires ATCO Industries, Inc.

May 24, 2022

Industrial Services

Aterian Investment Partners, a New York-based private equity firm, has acquired ATCO Industries, Inc., a Sterling Heights, Michigan provider of tech-enabled testing, measurement and quality containment services for the North American automotive industry. Stellus Capital Management and LBC Credit Partners provided financing for the transaction; advisors included Kirkland & Ellis, William Blair, Deloitte Corporate Finance and Honigman LLP.

CAI Capital Partners Invests in ATS Services Ltd.

September 1, 2021

Aerospace & Defense

CAI Capital Partners has closed an investment in ATS Services Ltd., a Canada-based provider of aviation communication services, meteorological observations, training, and equipment distribution. The transaction — CAI's fourth platform investment from its sixth fund — will support ATS' continued growth across its 65 Canadian sites and was debt-financed by The Bank of Nova Scotia.