Marine and Industrial Applicators’ Acquisition of Main Industries

Blank Rome LLP advised International Marine and Industrial Applicators, LLC on the deal.

International Marine and Industrial Applicators, LLC (“IMIA”), a portfolio company of an investment affiliate of long-standing firm client J.F. Lehman & Company, announced its acquisition of Main Industries, Inc., which provides preservation, scaffolding, and environmental containment services to the marine vessel new construction and maintenance, repair, and overhaul markets. Main Industries, Inc. supports the U.S. Navy’s aircraft carrier new construction and MRO requirements (including re-fueling overhauls) in the Mid-Atlantic region, with a particularly strong presence at Huntington Ingalls Industries’ Newport News Shipbuilding.

The transaction, which is the first add-on acquisition completed by IMIA under J.F. Lehman’s sponsorship, closed on Friday, April 9, 2021.

The Blank Rome team was led by Peter Schnur (Picture), Thomas Cournoyer, and Adam Seiden, with significant support from Joe Gulant, Jeffrey M. Rosenfeld, Margaret Hill, Scott Arnold, Lisa Campisi, Jonathan Clark, Brooke Iley, Brian Gocial, David Gilbert, Hannah Ahn, Asima Ahmad, Joshua Broderson, Jacob Brownstein, Andrae Nelson, Naomi Gallimore, Vanessa Bateau, Mary Burgoyne, and Carol Buckalew.

Involved fees earner: Asima Ahmad – Blank Rome LLP; Hannah Ahn – Blank Rome LLP; Scott Arnold – Blank Rome LLP; Vanessa Bateau – Blank Rome LLP; Joshua Broderson – Blank Rome LLP; Jacob Brownstein – Blank Rome LLP; Mary Burgoyne – Blank Rome LLP; Lisa Campisi – Blank Rome LLP; Jonathan Clark – Blank Rome LLP; Thomas Cournoyer – Blank Rome LLP; Naomi Gallimore – Blank Rome LLP; David Gilbert – Blank Rome LLP; Brian Gocial – Blank Rome LLP; Joseph Gulant – Blank Rome LLP; Margaret Hill – Blank Rome LLP; Brooke Iley – Blank Rome LLP; Andrae Nelson – Blank Rome LLP; Jeffrey Rosenfeld – Blank Rome LLP; Peter Schnur – Blank Rome LLP; Adam Seiden – Blank Rome LLP;

Law Firms: Blank Rome LLP;

Clients: International Marine & Industrial Applicators LLC;

Author: Martina Bellini