Maritime Partners-Managed Fund Acquires U.S. Marine Management from Maersk
September 26, 2023
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.
- Buyers
- Fund managed by Maritime Partners, LLC
- Targets
- U.S. Marine Management LLC
- Sellers
- Maersk Line, Limited
- Industry
- Transportation
- Location
- Virginia, United States
- Transaction Type
- Divestiture
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