Recent News
Acquisitions Northwest intends to inform parties interested in our activities by providing a summary of recently completed projects on this page. Unfortunately, we cannot list some projects because of the need for confidentiality but we will strive to share recent news if possible. Please visit our Sample Transactions page which will reflect some of the various projects in which Acquisitions Northwest orchestrated the sale or purchase of various companies over recent years.
Anchorage Launch Co.
Acquisitions Northwest, Inc. is pleased to announce that Diversified Marine, Inc., a leading shipbuilder and maritime services provider based in Portland, Oregon, has acquired Anchorage Launch Services Company, the Columbia River's premier launch service provider with over 40 years of excellence in water passenger transportation, cargo delivery, line handling, and ship assist services.
This strategic acquisition unites two legacy companies deeply rooted in the Columbia River maritime community, creating exciting opportunities for enhanced service offerings and operational synergies. By combining Diversified Marine's expertise in vessel construction, repair, and retrofitting with Anchorage Launch Services' renowned launch and line-handling capabilities, the combined entity will emerge as a comprehensive multi-service maritime powerhouse covering the entire Columbia River System.
Anchorage Launch Services, founded by Mary Shaver in 1982 and headquartered in Portland, operates a fleet of U.S. Coast Guard-certified vessels and a highly experienced crew serving ports from Astoria to Longview/Kalama, Portland/Vancouver…and throughout the Columbia and Willamette Rivers. The company will continue operations under its Anchorage Launch Services, LLC., ensuring seamless service for existing customers while benefiting from Diversified Marine's resources and innovation.
Diversified Marine is a portfolio investment of Bochi Investments, a Portland-based private equity firm focused on investments in the Northwest.
Acquisitions Northwest, Inc. was engaged by Mary Shaver to assist her and her team in structuring a strategic fit for the company. Acquisitions Northwest appreciated the opportunity to work with Bochi’s team in uniting the two synergistic companies.
STRATEGIC SALE OF MILWAUKEE CRANE
Milwaukee Crane (MC) began manufacturing and selling overhead bridge cranes in the 1960’s and has placed thousands of cranes throughout the Western U.S. with significant concentration in the Pacific Northwest. Since the Company’s founding, the Company had been owned and managed by Art Pascuzzi.
MC specialized in manufacturing large overhead cranes but offered a large selection of various smaller cranes as well as parts. The Company sub-contracted the majority of service work but had a limited inspection offering. The Company not only had established the Milwaukee Crane brand throughout the region, but had a customer list that was a “Who’s Who” of industrial companies in the Northwest.
Hoist & Crane Service Group is a national crane service with over 30 service locations, mostly in the Eastern U.S. H&CSG was interested in acquiring a footprint in the Western U.S. to expand their service operations. Acquisitions Northwest, Inc. sold H&CSG a material handling company in Eugene, Oregon (Galifco) a few months earlier that specialized in the sale of cranes, often utilizing Milwaukee Crane to manufacture custom crane orders.
Acquisitions Northwest, Inc. initiated a conversation between H&CSG and Milwaukee Crane & Equipment Company, culminating in an acquisition of the assets of Milwaukee Crane a few months later by H&CSG, a portfolio company of Compass Group, a private equity firm. H&CSG took over the operations of Milwaukee Crane and changed the name to Milwaukee Material Lifting.