Mensura Advises Advanced Marine Preservation, LLC in its Sale to Armada Parent, Inc.

Rhea-AI Summary

Mensura Capital announced it advised Advanced Marine Preservation (AMP) in its sale to Armada Parent, a portfolio company of Carlyle (NASDAQ: CG). The transaction details remain undisclosed. AMP specializes in preservation services for the U.S. Navy, ensuring defense readiness amidst increasing global challenges. Armada operates various subsidiaries within maritime and industrial services. Mensura, founded in 2007, focuses on M&A services for middle-market companies in the maritime sector, emphasizing a 'measured risk' approach to optimize client transactions.

Positive

• Mensura Capital successfully facilitated the sale of AMP, indicating strong advisory capabilities.
• The acquisition enhances Armada's portfolio in the critical maritime defense sector.

Negative

• None.

ATLANTA, Oct. 24, 2022 /PRNewswire/ -- Mensura Capital, LLC ("Mensura") today announced that it advised Advanced Marine Preservation, LLC ("AMP or the "Company") in its sale to Armada Parent, Inc. ("Armada"), a portfolio company of global investment firm Carlyle (NASDAQ: CG) and Stellex Capital Management. Terms of the transaction were not disclosed.

AMP provides critical preservation services through large prime contractors, primarily to the U.S. Navy in maintaining its small surface war ships, as the nation seeks to meet increasing pressures to assure the Nation's defense readiness in a growingly challenging world. 

Armada has multiple subsidiaries providing maritime and industrial services.

Mensura provides complete sell-side M&A investment banking services to middle market companies across the industrial and governmental supply chains directly tied to or related to maritime activities (commercial and defense, including cross-over to aerospace and technologies).

Mensura was founded in 2007 to fill the M&A needs of private middle market business owners not addressed in today's marketplace. Mensura adheres to a philosophy "measured risk" (Latin: Mensura Sortis), better assuring that value is achieved, while reducing transactional risks through tightly managed and coordinated processes. From planning to close, Mensura provides hands-on management of all aspects of a transaction with a constant focus on the goals of its clients.

Sheppard Mullin, Richter & Hampton LLP provided legal counsel to AMP. DLA Piper provided legal counsel to the buyer.

Securities transactions are made through Mensura Securities, LLC, a registered broker-dealer and member of FINRA and SIPC. For more information, visit www.mensuracapital.com.

Contacts
Business Inquiries
Alex Graham
Alex@mensuracapital.com

Media Contacts
Prosek Partners
Pro-mensura@prosek.com

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SOURCE Mensura Capital

FAQ

What company did Mensura Capital advise on its sale to Armada Parent, Inc.?

Mensura Capital advised Advanced Marine Preservation, LLC (AMP) on its sale to Armada Parent, Inc.

When was the sale of Advanced Marine Preservation announced?

The sale of Advanced Marine Preservation was announced on October 24, 2022.

What services does Advanced Marine Preservation provide?

Advanced Marine Preservation provides critical preservation services primarily to the U.S. Navy.

What is the significance of Carlyle's involvement with Armada?

Carlyle's involvement with Armada enhances investment credibility and resources in the maritime sector.

What approach does Mensura Capital take in M&A transactions?

Mensura Capital employs a 'measured risk' philosophy to assure value and reduce transactional risks.