M&A Deal Summary

Maritime Partners Acquires E1 Marine

On July 1, 2024, Maritime Partners acquired machinery company E1 Marine

Acquisition Highlights
  • This is Maritime Partners’ 1st transaction in the Machinery sector.
  • This is Maritime Partners’ 3rd transaction in the United States.
  • This is Maritime Partners’ 1st transaction in Oregon.

M&A Deal Summary

Date 2024-07-01
Target E1 Marine
Sector Machinery
Buyer(s) Maritime Partners
Deal Type Add-on Acquisition

Target

E1 Marine

Bend, Oregon, United States
E1 Marine provides clean energy technologies, including advanced methanol-to-hydrogen generation products, which provide an alternative, cleaner fuel source for marine vessels. E1 Marine is based in Bend, Oregon.

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Buyer(S) 1

Buyer

Maritime Partners

Metairie, Louisiana, United States

Category Company
Sector Business Services
DESCRIPTION

Maritime Partners is a provider of maritime assets, vessel leasing solutions & construction financing. Maritime Partners is based in Metairie, Louisiana.


DEAL STATS #
Overall 3 of 3
Sector (Machinery) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Oregon) 1 of 1
Country (United States) 3 of 3
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-09-26 U.S. Marine Management

Norfolk, Virginia, United States

U.S. Marine Management (USMMI) is engaged in chartering U.S. flag tanker and military support vessels to the Military Sealift Command, a division of the U.S. Navy, and the operation and maintenance ("O&M") of U.S. government-owned vessels. It currently operates a fleet of five U.S.-flagged vessels (including one owned maritime support vessel, three owned tankers, and one bareboat chartered tanker) and one O&M contract supporting U.S. Army training watercraft in Japan. U.S. Marine Management is based in Norfolk, Virginia.

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