Edison Chouest Offshore
Classification
Private
Financials
Revenue & Profit
Valuation
Ratios
People
Deals
M&A2024-03-15Completed
Investor Sponsors NorthBridge PE | Stake Tags 100% |
Deal Amount $120M | Is PE deal Yes |
Target Company Valuation $1.20 MM | Is deal PE backed Yes |
Techniques Acquisition of Assets, Taken Private | Total Acquired 100% |
Investor Sponsors
Deal Amount
$120M
Target Company Valuation
$1.20 MM
Techniques
Acquisition of Assets, Taken Private
Stake Tags
100%
Is PE deal
Yes
Is deal PE backed
Yes
Total Acquired
100%
Secondary Transaction2023-09-01Canceled
Investor Sponsors -- | Stake Tags Majority |
Deal Amount Undisclosed | Is PE deal No |
Target Company Valuation -- | Is deal PE backed Yes |
Techniques Secondary Sale, Management Buy-out (MBO) | Total Acquired 65% |
Investor Sponsors
--
Deal Amount
Undisclosed
Target Company Valuation
NaN
Techniques
Secondary Sale, Management Buy-out (MBO)
Stake Tags
Majority
Is PE deal
No
Is deal PE backed
Yes
Total Acquired
65%
Funding
About
About
Edison Chouest Offshore (ECO), started as Edison Chouest Boat Rentals is family of companies in the marine transportation business based in Cut Off, Louisiana. ECO owns and operates a fleet of Platform supply vessels, Subsea Construction / IMR vessels, a Riserless Light Well Intervention vessel, Anchor handling tug supply vessels, Oil Spill Response Vessels, and Well Stimulation Vessels, as well as an independently owned fleet of Research Vessels and Ice Breakers. ECO operates five shipyards: North American Shipbuilding (NAS) in Larose was started in 1974. Chouest added North American Fabricators, (NAF), in Houma, in 1996 (now part of LaShip), Estaleiro NavShip, in Brazil, in 2005, Gulf Ship, in Gulfport MS, in 2007, Tampa Ship, the former Tampa Bay Shipbuilding, in 2008, and La Ship, in Houma, in 2011. ECO's offshore vessels range from 109 feet to 525 feet.
Keywords
Keywords
Classified
Private