SEACOR Holdings Acquires U.S. Shipping Corp

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.

Seemann Composites Acquires Materials Sciences Corporation

October 10, 2018

Aerospace & Defense

Seemann Composites, Inc. completed the acquisition of Materials Sciences Corporation (MSC), a composites engineering and manufacturing firm based in Horsham, Pennsylvania. The deal integrates MSC's design, testing and manufacturing capabilities with SCI's composite production platform to expand end-to-end capabilities for defense and other high‑performance markets; MSC's leadership will remain in place.

Saltchuk Resources Acquires Overseas Shipholding Group (OSG)

May 20, 2024

Transportation

Saltchuk Resources, a privately owned family of freight transportation and marine service companies, has entered into a definitive agreement to acquire Overseas Shipholding Group, Inc. (OSG) in a transaction valuing OSG at an aggregate equity value of approximately $653 million and a total transaction value of $950 million. Saltchuk will commence a tender offer to purchase all outstanding shares it does not already own for $8.50 per share, after which any remaining shares will be acquired in a second-step merger.

Cogenuity Partners Acquires United Safety & Survivability Corporation from Dubin Clark

November 5, 2024

Manufacturing

San Francisco-based private equity firm Cogenuity Partners has acquired United Safety & Survivability Corporation (USSC) from Dubin Clark. USSC is a designer and manufacturer of safety and survivability products for transit, military and first-responder vehicles; the sale follows growth and capability expansion under Dubin Clark including expanded U.S. manufacturing, R&D and multiple integrations.

Enterprise Financial Services Corp Acquires Seacoast Commerce Banc Holdings

August 20, 2020

Financial Services

Enterprise Financial Services Corp (EFSC) has entered into a definitive agreement to acquire Seacoast Commerce Banc Holdings (SCBH) in a stock-for-stock transaction valued at about $156 million. The deal will add Seacoast's SBA lending platform and specialty deposit relationships to EFSC, creating a combined company with approximately $9.7 billion in pro forma assets and expected near-term EPS accretion.

AmeriGuard Security Services Acquires TransportUS, Inc.

December 11, 2023

Transportation

AmeriGuard Security Services, Inc. (OTCQX: AGSS) announced the acquisition of TransportUS, Inc. in an all-stock transaction to expand the company's service portfolio into transportation. The deal is intended to combine TransportUS's transportation infrastructure with AmeriGuard's security capabilities to offer integrated solutions and drive topline growth.