Encore Dredging, Backed by AV Capital, Acquires Inland Dredging
Vinson & Elkins advised Encore Dredging Partners, LLC (“EDP”), a newly-formed premier specialty dredging and marine infrastructure services firm, in its acquisition of Inland Dredging Company, LLC for an undisclosed purchase price. EDP completed the transaction with the support of its financial sponsor, Austin-based AV Capital, and third-party financing.
The V&E acquisition team was led by partners Milam Newby and Brittany Sakowitz, with assistance from associates Sara Bloom and Carmen Guidry. Also advising were partner Tom Wilson, counsel Chris Bacon and senior associate Alex Bluebond; partner Shane Tucker and senior associate Austin Light; partner Matt Dobbins and associate Audrey Doane; partner Dan Graham, counsel Elizabeth Krabill McIntyre, senior associate Ryan Stalnaker and associate Alison Harmes; counsel Sarah Mitchell and senior associate Robert Stelton-Swan; partner Devika Kornbacher and associate Sean Belding; partner John Michael; senior associate Jared Knight; and partner David Peck and senior associate Allyson Seger.
The V&E equity finance team was led by Milam Newby, senior associate Michael Gibson and associate Chris Kirby; the V&E debt finance team was led by partner Darin Schultz, counsel Noelle Alix, senior associate Zachary Rider and associates Joe Higdon and Erin Cusenbary, and partner Wendy Salinas and associate David Gilbert.
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