Americraft Marine (Libra Group) Acquires St. Johns Ship Building

Saronic Acquires Gulf Craft to Accelerate Autonomous Shipbuilding

April 16, 2025

Manufacturing

Saronic acquired Gulf Craft, a Louisiana-based shipbuilder, to establish a prototyping and production hub for its medium unmanned surface vessel (MUSV) program, beginning with the 150-foot ASV "Marauder." The deal gives Saronic nearly 100 acres in Franklin, Louisiana, retains Gulf Craft's workforce, and includes a planned $250 million investment in yard upgrades and capacity to scale production (with plans to add 500+ jobs over the next 3–4 years).

MarineMax Acquires Midcoast Construction Enterprises (Midcoast Marine Group)

December 5, 2022

Construction

MarineMax, Inc. acquired Midcoast Construction Enterprises, LLC (Midcoast Marine Group), a Central Florida–based full-service marine construction company, adding marina development capabilities, specialized equipment, and waterfront real estate in Tarpon Springs, Florida. Midcoast founder and CEO Jack Fulford will continue to run the business as part of MarineMax's expanding marina and services platform.

NSC Technologies Acquires Shipyard Staffing

December 1, 2023

Staffing & HR

NSC Technologies, a portfolio company of White Wolf Capital Group, has acquired Shipyard Staffing to expand its marine and skilled trades staffing capabilities. The add-on strengthens NSC's platform in the shipyard and marine infrastructure market; financial terms were not disclosed.

Hanwha Systems & Hanwha Ocean Acquire Philly Shipyard from Aker ASA

June 20, 2024

Manufacturing

Hanwha Systems and Hanwha Ocean will invest $100 million to acquire Philly Shipyard from Aker ASA, bringing a U.S. Jones Act shipbuilder into the Hanwha group. The acquisition aims to expand Hanwha’s shipbuilding and defense capabilities in the United States by combining Hanwha’s naval systems and marine technology with Philly Shipyard’s U.S. shipbuilding operations and Jones Act-compliant production.

Alaris Equity Partners Makes US$59.5M Investment in The Shipyard

August 31, 2023

Marketing & Advertising

Alaris Equity Partners (through its subsidiary Alaris Equity Partners USA, Inc.) invested US$59.5 million in marketing agency The Shipyard, comprised of preferred equity and a minority common equity stake, with an additional US$5.5 million tranche contingent on performance. The capital provides a partial liquidity event to existing equity holders and is intended to fuel The Shipyard's growth while preserving management control.

Seaside LNG Acquires LNG Bunker Barge Clean Jacksonville from TOTE Maritime Puerto Rico

February 9, 2023

Energy

Seaside LNG has purchased the liquefied natural gas bunker barge Clean Jacksonville from TOTE Maritime Puerto Rico, LLC. The acquisition expands Seaside's LNG bunkering fleet and geographic reach, with Polaris New Energy contracted to continue technical management and bunkering services for TOTE and other commercial customers.