.
MergerLinks Header Logo

New Deal


Announced

Completed

CenterGate Capital completed the acquisition of Poseidon Barge.

Financials

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

Tags

Edit

United States

marine construction

Marine Services

Acquisition

Domestic

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

Edit

CenterGate Capital, a private equity firm, completed the acquisition of Poseidon Barge, a company that is selling and renting portable sectional barges to the highway and marine construction industries. Financial terms were not disclosed. “We are excited about our partnership with CenterGate and the continuity and security it provides for our employees, customers, and vendors. The partnership with CenterGate provides us with the capital and strategic resources to continue to grow our company and capabilities while maintaining our focus on best-in-class customer service and market-leading innovation,” Mary Habegger-Fox, Poseidon President.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US