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.”