BDT’s Partnership with Marquette

On March 31, 2015, Marquette Transportation Company Holdings, LLC, a leading provider of towing services on the inland waterways of the United States, announced that BDT Capital Partners, LLC, through its investment funds, has acquired a majority interest in Marquette, creating a long‑term partnership with current minority shareholders. Cravath represented BDT in connection with this transaction. Financial terms of the transaction were not disclosed.

The Cravath team was led by partners Erik R. Tavzel and Ting S. Chen and included associates Kristin N. Fasullo and Christine H. Liu on M&A matters; partner Paul H. Zumbro, senior attorney Sarah F. Rosen and associate C. Daniel Haaren on banking matters; partner Joseph D. Zavaglia and associates Jacquelyn N. Arcati, Cameron S. Stanton, Hyatt M. Howard and Lauren K. Lubelsky on securities matters; partner Christopher K. Fargo and associate Ashley N. Elnicki on tax matters; partner Eric W. Hilfers, practice area attorney M. C. Tania Balthazaar and associate Matthew J. Bobby on executive compensation and benefits matters; partner Matthew Morreale on environmental matters; partner David J. Kappos and practice area attorney Anthony N. Magistrale on intellectual property matters; and practice area attorney Gary R. Eisenman on real estate matters. Adam R. Toporovsky also worked on M&A matters and Martin P. Pepeljugoski and Benjamin G. H. Lazar also worked on banking matters and Andrew T. Davis also worked on tax matters.