M&A Deal Summary

Marine Systems Acquires Global Power Systems

On May 26, 2006, Marine Systems acquired marine company Global Power Systems

Acquisition Highlights
  • This is Marine Systems’ 1st transaction in the Marine sector.
  • This is Marine Systems’ 1st transaction in the United States.
  • This is Marine Systems’ 1st transaction in Louisiana.

M&A Deal Summary
Date 2006-05-26
Target Global Power Systems
Sector Marine
Buyer(s) Marine Systems
Deal Type Add-on Acquisition

Target

Global Power Systems

Bossier City, Louisiana, United States
Global Power Systems is a provider of diesel engine maintenance, repair and overhaul services for marine diesel engines companies operating in the offshore oil and gas industry in the Gulf of Mexico.

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Buyer(S) 1

Buyer

Marine Systems

Houma, Louisiana, United States
Category Company
Founded 1966
Sector Marine
DESCRIPTION

Marine Systems, Inc. is a provider of diesel engine and reduction gear repair services and remanufacturing and replacement parts for marine diesel engines.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
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