Delta Marine Services Ltd.
Westbridge Capital Ltd. has acquired Delta Marine Services Ltd.
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Westbridge Capital Ltd. has acquired Delta Marine Services Ltd. MNP Corporate Finance Inc. acted as exclusive financial advisor to Delta Marine Services Ltd. in structuring and negotiating this transaction.
Transaction Brief
The transaction allowed the shareholders of Delta Marine Services Ltd. ("Delta Marine") to implement their succession strategy while ensuring the continued growth and long-term success of the business.
Founded in 1977 and based in Sidney, British Columbia, Delta Marine is a premier provider of yacht commissioning, refit, repair and maintenance, and moorage solutions. Operating out of Westport Marina near world-renowned yacht cruising destinations, the company benefits from significant exposure to the high volume of marine vessel traffic in the region. With its full-service capabilities, Delta Marine has built a trusted reputation for its technical expertise and exceptional customer service, resulting in strong customer relationships across the Pacific Northwest.
Founded in 2007 and based in Saskatoon, Saskatchewan, Westbridge Capital Ltd. is a private equity firm that specializes in the acquisition of mature operating companies with strong management teams.