Carlyle and Stellex to buy and merge Vigor Industrial and MHI Holdings
The Carlyle Group and Stellex Capital Management have agreed to acquire and merge Portland, Oregon-based Vigor Industrial LLC, an infrastructure, defense, and maritime services company and MHI Holdings LLC, a ship repair, maintenance and other ship husbandry services company based in Norfolk, Virginia. No financial terms were disclosed. The deal is expected to close by the end of the third quarter of this year. Capstone Headwaters was financial adviser to Vigor Industrial LLC on the deal.
25 July 2019•6 mins read
