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New Deal


Announced

Completed

Astatine Investment Partners completed the acquisition of McKeil Marine.

Financials

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

Tags

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Canada

maritime transportation

Marine Transportation

Acquisition

Cross Border

Majority

Private

Private Equity

Completed

Friendly

Single Bidder

Synopsis

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Astatine Investment Partners, a private equity firm, completed the acquisition of McKeil Marine, a maritime transportation company. Financial terms were not disclosed. "We are excited to partner with one of the most innovative and trusted marine service providers in Canada. McKeil provides meaningful downside protection through its long-term inflation-linked contracts. There is also a tremendous opportunity to evolve its service offerings and strategically expand its diverse fleet. We look forward to working closely with McKeil’s management team and talented crew to further build upon its market leadership and historical growth," Jim Metcalfe, Astatine CEO and Co-Managing Partner.

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