Gulf Marine Maintenance and Offshore Service Co. (GMMOS), a UAE-based provider of marine services to the offshore oil & gas industry, said that its chartering division has acquired five offshore support vessels. The purchase was financed by a recently-secured $100 million term loan facility from Standard Chartered Bank, Abu Dhabi Commercial Bank, Credit Suisse and Deutsche Bank. GMMOS is backed by Abraaj Capital and Waha Capital.
4 min read · 21 December 2009
1 min read · 21 December 2009
1 min read · 21 December 2009
Rock Gate Partners has acquired Walpar Inc., a Birmingham, Ala.-based maker of highway signage structures. No financial terms were disclosed. Peninsula Capital Partners provided mezzanine financing and an equity co-invest, while Wachovia Bank provided senior debt.
2 min read · 21 December 2009
2 min read · 21 December 2009
1 min read · 20 December 2009
2 min read · 20 December 2009
1 min read · 18 December 2009
General Atlantic and KKR have completed their $1.65 billion acquisition of the TASC consulting unit of defense contractor Northrop Grumman (NYSE: NOC).
3 min read · 18 December 2009
2 min read · 18 December 2009