X

Reset Password

Username:

Change Password

Old Password:
New Password:
We have completed your request.

Seacor Holdings Acquires JV Partner’s Interest in Sea-Vista

Published: 08-05-2019

Vinson & Elkins advised Avista Capital Partners (“Avista”) in relation to SEACOR Holdings Inc.’s (the “Company”) acquisition through a subsidiary of Avista’s 49% indirect interest in the SEA-Vista joint venture between the Company and Avista. Purchase consideration consisted of $106 million in cash and 1,500,000 shares of the Company’s common stock.  

Avista is a private equity firm specializing in investments primarily in growth-oriented energy, healthcare, communications and media, industrial and consumer companies. SEA-Vista operates a fleet of U.S.-flag petroleum and chemical carriers servicing the U.S. coastwise trade of crude oil, petroleum and chemical products.

The V&E corporate team was led by partners Creighton Smith and Ramey Layne with assistance from senior associate Benji Barron and associate Leslie Vaughn. Partner John Lynch and associate Christine Mainguy provided tax advice. 


Lawyer Contacts

+1.713.758.3278
crsmith@velaw.com
+1.713.758.4629
rlayne@velaw.com

Media Contact

Melissa Anderson Senior Communications Manager

T +1.713.758.2030
manderson@velaw.com

Connect with V&E

Stay informed by receiving our e-lerts. Select your preferred communications.