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Bracewell Represents Upper Bay as Lead Investor in the Acquisition of Tidewater Transportation & Terminals

HOUSTON  Bracewell LLP represented Upper Bay Infrastructure Partners, as lead investor, in its acquisition of Tidewater Transportation & Terminals from Stonepeak Infrastructure Partners. The investor group consisted of Upper Bay, Ullico, funds and accounts under management by BlackRock, Silverfern, and certain other co-investors.

Founded in 1932, Tidewater has evolved from a barge line, primarily handling wheat, into Tidewater Holdings Inc., a multi-commodity transportation, terminal, and marine construction and repair company serving the diverse and evolving transportation needs of the Pacific Northwest. Its ITB Marine refined products and subsea cable laying subsidiary has been serving the Vancouver, British Columbia, region for over 50 years. Its West Coast Marine vessel and industrial cleaning and waste haulage subsidiary, has served the Pacific Northwest since 1990. Headquartered in Vancouver, Washington, Tidewater’s operating area spans 465 miles on the Columbia and Snake River systems extending from the inland Port of Lewiston, Idaho, to the Port of Astoria, Oregon, on the Pacific Coast.

Upper Bay Infrastructure Partners is an independently-owned private investment firm focused primarily on diversified North American infrastructure private equity investments in the middle market.

For addition information on the transaction, please click here.

Bracewell lawyers involved in this transaction included:


Partners: Hans P. Dyke, Jason M. Jean, Michele J. Alexander, Rebecca L. Baker, Robert G. Burns, Daniel E. Hemli, Jason B. Hutt, Bruce R. Jocz, Steven J. Lorch, Joshua T. McNulty and Whit Swift

Counsel: Jacqueline R. Java


Associates: Derek A.B. Speck, Andrew P. Mintz, Jackie Z. Coleman, Ryan Davis, Ryan M. Eletto, Melanie C. Goebel, Jason W. Keating, Jay N. Larry, Kathryn F. Penry, Kevin R. Tamm and Kevin M. Voelkel