M&A Deal Summary

Orion Marine Group Acquires TAS Commercial Concrete Construction

On August 6, 2015, Orion Marine Group acquired construction company TAS Commercial Concrete Construction from Stephens Capital Partners for 115M USD

Acquisition Highlights
  • This is Orion Marine Group’s 2nd transaction in the Construction sector.
  • This is Orion Marine Group’s largest (disclosed) transaction.
  • This is Orion Marine Group’s 3rd transaction in the United States.
  • This is Orion Marine Group’s 2nd transaction in Texas.

M&A Deal Summary

Date 2015-08-06
Target TAS Commercial Concrete Construction
Sector Construction
Buyer(s) Orion Marine Group
Sellers(s) Stephens Capital Partners
Deal Type Add-on Acquisition
Deal Value 115M USD

Target

TAS Commercial Concrete Construction

Houston, Texas, United States
website
TAS Commercial Concrete Construction LLC provides turnkey-ready commercial buildings as well as a variety of other concrete pouring and finishing services. TAS Commercial Concrete Construction was established in 1980 and is based in Houston, Texas.

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Buyer(S) 1

Buyer

Orion Marine Group

Houston, Texas, United States

website


Category Company
Founded 1994
Sector Marine
Employees2,297
Revenue 601M USD (2021)
DESCRIPTION

Orion Marine Group is an operator, and maintains a fleet of more than 400 pieces of specialized marine equipment. Its specialty services include salvage, demolition, diving, surveying, towing and underwater inspection, excavation and repair. Orion Marine Group was founded in 1994 and is based in Houston, Texas.


DEAL STATS #
Overall 3 of 4
Sector (Construction) 2 of 3
Type (Add-on Acquisition) 3 of 4
State (Texas) 2 of 3
Country (United States) 3 of 4
Year (2015) 1 of 1
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-28 T.W. LaQuay Dredging

Port Lavaca, Texas, United States

T.W. LaQuay Dredging is a specialty dredging services provider that focuses on near shore dredging projects primarily along the Texas coast utilizing hydraulic cutter suction pipeline dredging

Buy $60M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-10 Tony Bagliore Concrete

Jarrell, Texas, United States

Tony Bagliore Concrete, Inc. is a full service concrete contractor that provides turnkey services covering all phases of commercial concrete construction. Tony Bagliore Concrete, Inc. was established in 2010 and is headquartered in Jarrell, Texas.

Buy $6M

Seller(S) 1

SELLER
DESCRIPTION

Stephens Capital Partners is the direct, private equity investment arm of financial services firm Stephens, Inc. Stephens Capital looks to acquire minority or majority stakes in mid-sized, profitable companies in partnership with management. The Firm will consider opportunities throughout the US valued between $50 and $200 million. Stephens Capital will not consider venture investments or turnaround situations. Stephens Capital Partners is based in Little Rock, Arkansas.


DEAL STATS #
Overall 21 of 40
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 12 of 19
State (Texas) 5 of 7
Country (United States) 21 of 39
Year (2015) 3 of 6
Size (of disclosed) 7 of 11
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-19 Stephens Media

Las Vegas, Nevada, United States

Stephens Media LLC is a newspaper publisher operating eight daily newspapers, over 65 weekly and niche publications, and more than 50 websites serving communities throughout the United States.

Sell $103M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-11 Integrated Deicing Services

Manchester, New Hampshire, United States

Integrated Deicing Services LLC is an aircraft deicing operations specialist providing services at 15 airports in the United States and Europe. IDS was established in 2002 and is based in Manchester, New Hampshire.

Sell -