EDP acquires Inland Dredging
January 8, 2021,
by
Eldin Ganic
Encore Dredging Partners (EDP), a newly formed premier specialty dredging and marine infrastructure services firm, has acquired Inland Dredging Company for an undisclosed purchase price.
EDP completed the transaction with the support of AV Capital who is the sole financial sponsor of EDP and will continue to support future growth and provide oversight.
According to their official statement, EDP was founded to be the premier mid-sized cutter suction and mechanical dredging services provider focusing on navigable waterways throughout the United States.
EDP’s leadership team brings a combined 75 years of dredging and marine infrastructure services experience and is focused on delivering high quality projects to private owners and government agencies.