DALLAS (2013) – White Rock Advisors is pleased to announce it recently represented Dimeling, Schreiber and Park (“DS&P”) on the acquisition of Mare Island Dry Dock, LLC (“Mare Island Dry Dock”) of Vallejo, California.
DS&P, founded in 1982, is an investment group out of Philadelphia that focuses on equity investments in a wide range of middle market companies. The company has a history of investing in large-scale shipyard operations on the East coast and was looking to expand its reach to the West coast.
Mare Island Dry Dock will lease Dry Dock 2 and Dry Dock 3 of the 16+ acre Mare Island shipyard, and will provide docking services to a wide range of companies and industries including cruise ships, coastal tankers & barges, ferries, the US Coast Guard, the US Navy, Commercial Freighters, and much more.
About White Rock Advisors, LLC
The White Rock Advisors team is located in Dallas, Texas. White Rock Advisors is an affiliate of Chapman, Hext & Co., P.C., which is a twenty-five year old financial services firm (www.chapmanhext.com) and through companies with which it is affiliated, provides complete auditing and tax services, wealth management, merger and acquisition advisory services, institutional private placements of equity and debt, restructuring and turnaround services and general corporate finance advisory services to companies with revenues or enterprise values ranging from $10 million to $500 million. White Rock Advisors serves as the investment banking arm of Chapman Hext and focuses on building long term value for clients through unbiased advice, access to the capital markets, and expert assistance in mergers and acquisitions.
For additional information please visit www.whiterockadvisors.com.
White Rock Advisors, LLC (“White Rock”) member FINRA/SIPC is a limited purpose broker dealer that provides a limited range of brokerage and financial advisory services. White Rock does not hold customer accounts, funds or securities, accept trading orders, engage in proprietary trading or market making. White Rock is engaged solely in advising companies and private equity funds on capital raising and corporate restructuring. This is not an offer or solicitation for brokerage services, investment advisory services, or other products or services in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the securities laws or other local laws and regulations of that jurisdiction.