CenterGate Capital completed the acquisition of Poseidon Barge.

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.