.
MergerLinks Header Logo

New Deal


Announced

Completed

AV Capital-backed Encore Dredging Partners completed the acquisition of dredging division assets of RLB Contracting.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

Domestic

Friendly

Acquisition

Majority

Completed

dredging

Private Equity

United States

Single Bidder

Engineering Consulting

Synopsis

Edit

AV Capital-backed Encore Dredging Partners, a specialty dredging and marine infrastructure services firm, completed the acquisition of dredging division assets of RLB Contracting, a provider of general contracting services. Financial terms were not disclosed. “The acquisition of the RLB dredging division assets is key to the continued strategic expansion of EDP’s fleet, capabilities, and geographic reach. We are excited to add these productive assets to our existing fleet and to attract experienced dredge operating and maintenance crews to our outstanding team. With this acquisition EDP will establish its Coastal Division based in Texas to serve public and private customers throughout the Gulf Coast," Dwayne Breaux, EDP Chief Executive Officer.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US