InterOcean Advises on Sale of Marina Dock Systems Manufacturer

- Building Products, Capital Equipment, Transactions

InterOcean Advisors is pleased to announce the successful sale of Meeco Sullivan, LLC (“Meeco Sullivan” or “the Company”) to Tuckahoe Holdings LLC, a Richmond, Virginia-based private investment firm focused on investing in and growing middle market companies on a permanent basis. InterOcean acted as the exclusive financial advisor to Meeco Sullivan.

Meeco Sullivan is one of North America’s leading designers, manufacturers and installers of commercial marina and dock systems. Over its almost 60-year history and with an installed base of over 5,000 commercial sites, the Company has become known for superior quality and is considered the industry-standard in timber and galvanized steel dock fabrication for both freshwater and saltwater applications.

“Meeco Sullivan is a world-class provider of timber and galvanized marina docking systems,” stated Mark Harvey, a Managing Director at InterOcean. “With a substantial market position and favorable industry dynamics, Meeco Sullivan is well positioned for continued future growth.”

About Meeco Sullivan, LLC
Meeco Sullivan is one of North America’s leading designers, manufacturers and installers of commercial marina and dock systems. The Company utilizes diverse materials and techniques to provide customers with complete solutions engineered for each unique aquatic environment. The Company has manufacturing facilities located in Warwick, NY and McAlester, OK.

About Tuckahoe Holdings, LLC
Tuckahoe Holdings, based in Richmond Virginia, is a private investment firm, focused on acquiring controlling positions in middle market companies to hold on a permanent basis. Tuckahoe partners with business owners, employees, and customers who align with their permanent investment and people-focused philosophy.

About InterOcean Advisors LLC
InterOcean Advisors is a Chicago-based investment bank that provides mergers and acquisitions and capital raising advisory services to manufacturing and business services companies. For more information, please visit www.ioadvisors.com.