Antin Infrastructure Partners has reached an agreement with an affiliate of Lone Star Funds to acquire Vigor Marine Group, a provider of maintenance, repair and overhaul services, as well as marine fabrication and services, to the naval, defense and commercial maritime sectors in the United States.
Antin will partner with Vigor Marine Group to expand capacity across Vigor Marine Group’s five locations, accelerate the company’s work to innovate in the maritime sector and grow the skilled workforce to meet increasing demand.
The acquisition marks Antin’s continued investment in U.S. infrastructure, following significant investments in the transportation, energy and digital sectors. It represents the seventh investment by the firm's $11.8 billion Flagship Fund V, which focuses on long-term investments in established infrastructure companies in North America and Europe.
Based in Portland, Ore., Vigor Marine Group operates shipyard and fabrication facilities ac