![\"Antin](\"https:\/\/hedgeco.net\/news\/wp-content\/uploads\/2026\/08\/2026-08-18-antin-hero.jpg\")
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HedgeCo.Net \u2014 An affiliate of Lone Star Fund XI completed the sale of Vigor Marine Group to Antin Infrastructure Partners, the parties said in a Business Wire release dated August 17. Terms were not disclosed. Vigor is a Portland-based ship-repair and maintenance, repair, and overhaul platform with about 2,700 staff across five locations and more than $1 billion of 2025 revenue. The purchase is the seventh investment from Antin\u2019s Flagship Fund V. Chief executive Francesco Valente and the U.S. management team are staying. Antin agreed to buy the business in February and closed after customary approvals.<\/p>\n
This is a completed sale, not a signing. Lone Star Fund XI is the disclosed seller. Antin is the disclosed buyer. No party put a purchase price on the announcement, and trade-press figures on Fund V\u2019s size or on Vigor\u2019s capital expenditure are not treated here as if they were in the release. What is on the record is the close, the seller vintage, the headcount, the Fund V sequence, and the 2025 revenue mark.<\/p>\n
A seventh Fund V deal into U.S. shipyard MRO is an infrastructure handoff: a scaled repair platform, a workforce of about 2,700, and five locations. Keeping Valente and U.S. management is the continuity the announcements chose to stress. More than $1 billion of 2025 revenue is the only size figure the dual releases attach to the target. The February agreement and the August close, after customary approvals, are the timeline the parties put on the record.<\/p>\n
For infrastructure and private-equity allocators the diligence is the missing price. A completed Fund XI exit into Fund V is a sponsor-to-sponsor transfer in U.S. maritime services. Without a disclosed value, DPI for Lone Star and the entry multiple for Antin are both unknown. The close confirms the sale happened. It does not disclose what either side paid or received.<\/p>\n
The second-order item is how Antin uses Flagship Fund V after a seventh check of this kind. Management stays, revenue is already above $1 billion, and the seller is a Lone Star Fund XI affiliate. The next question is what Antin does with the platform, not what the press release omitted. Until a price appears in a filing, the story is the completed sale, the 2,700-person workforce, and Antin\u2019s seventh Fund V investment\u2014not a made-up enterprise value.<\/p>\n","protected":false},"excerpt":{"rendered":"
HedgeCo.Net \u2014 An affiliate of Lone Star Fund XI completed the sale of Vigor Marine Group to Antin Infrastructure Partners, the parties said in a Business Wire release dated August \u2026 Continue reading