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Laborde Marine Acquires Two Deepwater Supply Vessels And Expands Fleet Under Management

Jan 12, 2023•over 2 years ago

Acquiring Company

Laborde

Acquired Company

Two Deepwater Supply Vessels

Oil And Gas

Description

Laborde Marine Management, LLC, (“Laborde Marine” or the “Company”) announced today that it has acquired two 240-foot deepwater DP-2 offshore supply vessels (“OSVs”) from L&M Botruc Rental, Inc. and has expanded its fleet of managed vessels.

Company Information

Company

Laborde

About

Laborde Marine Management, LLC is based in New Orleans and owns or operates a fleet of vessels which service the offshore energy industry and other marine support activities. LabMar Ferry Services, LLC (LFS) is an affiliate of Laborde Marine Management, LLC and it operates the ferry service which includes two ferry lines in the New Orleans area on behalf of the New Orleans Regional Transit Authority. For information contact Ashton Laborde at (504) 582-2185.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed