ROPES & GRAY: Ropes & Gray Advises Rand Logistics in its Acquisition of American Steamship Co.


Ropes & Gray issued the following announcement on Feb. 12.

Ropes & Gray is advising Rand Logistics Inc., an affiliate of American Industrial Partners, in its acquisition of American Steamship Co. from GATX Corporation. The transaction was announced on February 10. The press release is here.

The strategic combination of Rand Logistics and American Steamship will create the largest and most diverse fleet on the Great Lakes, serving different and highly complementary markets with multiple self-unloading vessel classes. American Steamship operates the largest fleet of U.S. flagged vessels on the Great Lakes, providing waterborne transportation of over 27 million tons annually of dry bulk commodities such as iron ore, coal and limestone on vessels ranging in size from 634 feet to over 1000 feet.

Rand Logistics is a leading provider of bulk freight shipping services throughout the Great Lakes region.

The Ropes & Gray team that advised Rand Logistics was led by private equity partner Daniel Evans (New York), and included finance partner Stefanie Birkmann (New York), tax partner Benjamin Rogers (San Francisco), intellectual property transactions partner Violetta Kokolus (New York), benefits partner Alexandra Alperovich (New York), real estate partner Peter Alpert (Boston), and labor & employment partner Megan Bisk (Boston).

The team also included private equity associates Jessica Lepper and Todd Kornreich, finance associate Scott Rolnik, tax & benefits associates Aaron Lichter, Michael Stern and Christa Sanchez (all of New York), strategic transactions associate Steven Obiajulu (Chicago), real estate associates Peter Chatigny (Washington, D.C.) and Caitlin O’Connell (New York), senior labor & employment attorney William Dunham and labor & employment associate Rebecca Mitchell (both of Boston), real estate counsel Owen LaFreniere, litigation & enforcement counsel Lee Gayer and litigation & enforcement associate Patrick Doherty (all of New York) and corporate associates Darius Hands and Lauren Nickoloff, (both of New York) and Anne Loeb (Boston).

Original source can be found here.

Want to get notified whenever we write about Ropes & Gray ?

Sign-up Next time we write about Ropes & Gray, we'll email you a link to the story. You may edit your settings or unsubscribe at any time.

Organizations in this Story

Ropes & Gray

More News

Metro Business Network