Akerman advised private equity firm Fourshore Partners and its portfolio company, Buske Logistics, in the acquisition of Hydra Warehouse and Transportation.
Fourshore Partners is a Miami-based private equity firm that focuses on lower middle market buyouts in the United States and the Caribbean. Fourshore targets companies generating between $2 million and $15 million in EBITDA with enterprise values between $10 million and $75 million.
Buske Logistics is a 101-year-old asset-light contract warehousing company with a focus on food and beverage, and automotive industries. Hydra Warehouse and Transportation is an integrated logistics company providing warehousing and transportation services to the bourbon and food processing industries in Kentucky and southern Indiana. The acquisition also adds to Buske's holdings Hydra's five warehouses totaling close to 1.5 million square feet serving several global companies in the bourbon industry.
Earlier this year, Akerman represented Fourshore Partners in its acquisition of Power Funding, a premier factoring company focused on the oil, gas, and transportation industries.
The Akerman team was led by International Practice Chair Pedro Freyre and Corporate Special Counsel Daniel Andres Silva and included:
- Cristina Gonzalez, Corporate Partner
- Gabriel Marinaro, Tax Partner
- Felicia Nowels, Government Affairs and Public Policy Partner
- Mauricio Perlaza, Corporate Associate
- Lauren Gonzalez, Corporate Associate
- Michael Meadows, Corporate Associate
- Lilly Moon, Labor and Employment Partner
- Diana Clarkson, Tax Partner
- Paul Russo, Real Estate Partner
About Akerman
Founded in 1920, Akerman is recognized as one of the country’s premier law firms, with more than 700 lawyers in 25 offices throughout the United States.