Intermarine, a leader in project transportation, has secured growth capital to continue building its business. The company’s management team is partnering with New Mountain Capital, a New York-based private equity firm, to facilitate their pursuit of strategic growth and improvement opportunities.
‘We have had extensive discussions with New Mountain over the past six months and are convinced the two companies are like-minded on the opportunities available to us,’ said Andre Grikitis, President & CEO of Intermarine. ‘New Mountain can help us to continue our strong growth into the years ahead and to enhance further the service and value we provide to our customers.’
Intermarine provides project transportation in the Americas and Asia as well as customized services worldwide. The company has offices in Houston, New Orleans, Caracas, Buenos Aires, Seoul, Shanghai and Mumbai.