M&A Deal Summary

Patriot Construction & Industrial Acquires LeBlanc Marine

On July 1, 2018, Patriot Construction & Industrial acquired marine company LeBlanc Marine from Rock Hill Capital

Acquisition Highlights
  • This is Patriot Construction & Industrial’s 1st transaction in the Marine sector.
  • This is Patriot Construction & Industrial’s 1st transaction in the United States.
  • This is Patriot Construction & Industrial’s 1st transaction in Louisiana.

M&A Deal Summary
Date 2018-07-01
Target LeBlanc Marine
Sector Marine
Buyer(s) Patriot Construction & Industrial
Sellers(s) Rock Hill Capital
Deal Type Merger

Target

LeBlanc Marine

New Iberia, Louisiana, United States
LeBlanc Marine is a full-service marine service company providing towing and shifting, barge fleeting, barge repair and inspection, cargo handling, and more. The Company’s marine construction services include dredging, levee construction, and coastal restoration. LeBlanc Marine was founded in 2004 and is based in New Iberia, Louisiana.

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Buyer(S) 1

Buyer

Patriot Construction & Industrial

Duson, Louisiana, United States
Category Company
Founded 2010
Sector Construction
DESCRIPTION

Patriot Construction & Industrial provides infrastructure services for the industrial, commercial, and oilfield market sectors. Patriot’s primary service offering consists of site preparation work including clearing & grubbing, leveling & grading, earthmoving, soil stabilization, drainage structures, water/sewer installation, and paving. Patriot Construction & Industrial was founded in 2010 and is based in Duson, Louisiana.

DEAL STATS #
Overall 1 of 1
Sector (Marine) 1 of 1
Type (Merger) 1 of 1
State (Louisiana) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1

Seller(S) 1

SELLER

Rock Hill Capital

Houston, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2007
PE ASSETS 150M USD
Size Small
Type Sector Agnostic
DESCRIPTION

Rock Hill Capital Group is a private equity firm that targets investments in small to middle-market companies primarily in the Southern US. Rock Hill looks to invest in businesses with revenue of $10 to $200 million and EBITDA of $5 to $15 million. Rock Hill will consider management buyouts, recapitalizations, growth capital financings, and financial restructurings. Prospective companies are typcially profitable with strong recurring revenues and low capital requirements. Rock Hill Capital Group was formed in 2008 and is based in Houston, Texas.

DEAL STATS #
Overall 8 of 10
Sector (Marine) 1 of 1
Type (Merger) 1 of 1
State (Louisiana) 2 of 2
Country (United States) 8 of 10
Year (2018) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-12 LeBlanc Marine

New Iberia, Louisiana, United States

LeBlanc Marine is a full-service marine service company providing towing and shifting, barge fleeting, barge repair and inspection, cargo handling, and more. The Company’s marine construction services include dredging, levee construction, and coastal restoration. LeBlanc Marine was founded in 2004 and is based in New Iberia, Louisiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-06 LQC Pipe & Supply

Tomball, Texas, United States

LQC Pipe & Supply distributes carbon steel, stainless steel, special alloy pipes, valves, and fittings applicable in nearly all-natural gas-related infrastructure projects and downstream turnaround projects. LQC Pipe & Supply was founded in 2008 and is based in Tomball, Texas.

Buy -
Mergr

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