Ropes & Gray represented Duration Capital Partners’ portfolio company Rand Logistics in the acquisition of Andrie LLC, a leading marine transporter of liquid bulk commodity goods. The transaction was announced in a July 31 press release and financial terms were not disclosed.
Rand Logistics is a leading provider of bulk freight shipping services throughout the Great Lakes region. Duration Capital Partners is a transportation infrastructure-focused private equity firm.
The team was led by private equity transactions partner Todd B. Kornreich, and included tax partner Adam Greenwood, intellectual property transactions partner Jordan Altman, labor & employment partner Megan Bisk, executive compensation & employee benefits partner Allie Alperovich, and environmental partner Peter Alpert.
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