M&A Deal Summary

Alterna Capital Partners and Western Bulk Acquire Western Alterna

On May 1, 2010, infrastructure investor Alterna Capital Partners and Western Bulk acquired marine company Western Alterna

Acquisition Highlights
  • This is Alterna Capital Partners’ 1st and Western Bulk’s 1st transaction in the Marine sector.
  • This is Alterna Capital Partners’ 1st and Western Bulk’s 1st transaction in Marshall Islands.

M&A Deal Summary

Date 2010-05-01
Target Western Alterna
Sector Marine
Buyer(s) Alterna Capital Partners
Western Bulk
Deal Type Joint Venture

Target

Western Alterna

Marshall Islands
Western Alterna is an investment in three 58,000 DWT dry bulk vessels built in 2011.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 2

Buyer

Alterna Capital Partners

Bedford, New Hampshire, United States

Investor Investor Investor Investor


Category Infrastructure
Founded 2008
PE ASSETS 1.3B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Alterna Capital Partners is a specialist private investment group focused on investing in and acquiring infrastructure-related assets. Specific areas of interest include transportation, industrial, and energy. Alterna seeks to invest $25 to $100 million to support a variety of transaction structures, including growth capital, management buyouts, equipment financing, acquisition finance, cash flow monetization and leveraged buyouts. Alterna Capital Partners was formed in 2008 and is based in Wilton, Connecticut.


DEAL STATS #
Overall 1 of 5
Sector: Marine M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Marshall Islands M&A 1 of 1
Year: 2010 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-01 Global SuperTanker Services

Colorado Springs, Colorado, United States

Global SuperTanker Services is all SuperTanker related system hardware, spare parts, intellectual property based in Colorado Springs, Colorado.

Buy -
Buyer

Western Bulk

Oslo, Norway

Category Company
Sector Marine
DESCRIPTION

Western Bulk is a dry bulk shipping company with a commercially controlled fleet of 100 to 150 vessels. Western Bulk is based in Oslo, Norway.


DEAL STATS #
Overall 1 of 1
Sector: Marine M&A 1 of 1
Type: Joint Venture M&A Deals 1 of 1
Country: Marshall Islands M&A 1 of 1
Year: 2010 M&A 1 of 1