Lone Star Funds completes sale of Vigor Marine Group

Lone Star Funds has confirmed that an affiliate of Lone Star Fund XI has completed the sale of shipbuilding and ship repair company the Vigor Marine Group to Antin Infrastructure Partners.

Based in Portland, Oregon, the Vigor Marine Group operates shipyard and fabrication facilities across five locations and employs approximately 2,700 people in the Pacific Northwest, Virginia and California.

The company offers advanced services and complete solutions for a variety of clients, including the US Navy, the US Army, Military Sealift Command, the US Coast Guard, state ferry systems, the cruise industry and the commercial fishing industry.