摘要: |
Carr's Hill Capital Partners Management LP (CHP), a New Orleans-based private equity firm, announced June 26 that it has partnered with Shaw and Tom Matthews, the founders of Matthews Brothers Dredging LLC (MBD), to recapitalize the business and support its continued expansion.Matthews Brothers provides dredging services for private and public blue-chip customers throughout the U.S. Gulf Coast markets. Founded in 1999, the firm has grown significantly over the past decade by developing a recurring, maintenance-based book of revenue. The company has developed an innovative approach to mechanical dredging, providing a cost-effective, operationally efficient service to its customer base through high productivity and reliability. MBD operates along the Gulf Coast, which has the greatest number and highest density of ports connected to inland U.S. waterways. Infrastructure spending for waterway expansion and new ports further complements the company's recurring maintenance services, CHP said in the announcement. |