Milbank LLP advised Antin Infrastructure Partners, a leading private equity firm focused on infrastructure investments, in connection with the financing of its acquisition of Vigor Marine Group from an affiliate of Lone Star Funds.
Vigor Marine Group is a leading 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. The acquisition marks Antin's continued investment in US infrastructure, following significant investments in the transportation, energy and digital sectors. It represents the seventh investment by Antin’s $11.6 billion Flagship Fund V, which focuses on investments in established infrastructure companies in North America and Europe.
“We are thrilled to have advised Antin in connection with this pivotal acquisition, which showcases the breadth of our global team’s capabilities in navigating complex infrastructure transactions,” said Global Project, Energy and Infrastructure Finance Group chair Dan Bartfeld. “Infrastructure assets like VMG play a vital role in strengthening national defense supply chains, and this transaction highlights the growing significance of defense and national security within the critical infrastructure landscape.”
“Antin and Vigor’s partnership marks an important milestone for both companies and the broader sector as demand for essential shipyard capacity and naval readiness continues to accelerate,” said Corporate Finance and Securities partner Antonio L. Diaz-Albertini. “This transaction reflects the significant appetite to deploy capital into the sector, and we are proud to have advised Antin on the financing of this landmark deal.”
The Milbank team was led by partners Dan Bartfeld and Antonio Diaz-Albertini with significant assistance from partner Dara Panahy and other members of the Milbank financing and corporate teams.
