Insights

Chaffe Insights

M&A Report: HOST, Sazerac, Danos and Maritime Partners expand rapidly through strategic acquisitions

November 6, 2025

G.F. Gay Le Breton and Mitch Murray, Chaffe & Associates Inc. // November 3, 2025 //

Several Louisiana-based companies are growing aggressively through acquisitions.
Within the past five weeks, T. Parker Host, Sazerac Company, Maritime Partners and Danos each completed their second or even third acquisition of the year.

T. Parker Host doubles down on Gulf Coast Terminals

In September, T. Parker Host, the maritime logistics and terminal operator headquartered in Avondale, announced its acquisition of Impala Terminals Burnside, a bulk terminal located on the Lower Mississippi River in Ascension Parish. The company also acquired Impala Fleeting Burnside, which manages barge operations at the site.  Financial terms of the deal were not disclosed.

The acquisition will strengthen HOST’s long-term strategic presence on the Lower Mississippi River and support growth.  HOST will invest an additional $6 million to upgrade equipment and expand operations at the terminal, which handles commodities such as coal, petroleum coke, bauxite and alumina.

The 230-acre site, now known as Ascension Bulk Terminal, is HOST’s third privately owned terminal in Louisiana. The company’s portfolio in the state covers more than 1,500 acres of terminal property, including United Bulk in Davant, Avondale Global Gateway in Avondale and operations at Port Allen. More than 1.000 acres are available for future development.

This transaction follows HOST’s July acquisition of Transmarine Navigation Corporation, a California-based vessel agency, expanding operations to the West Coast and Hawaii. That acquisition increased HOST’s service capabilities and made it the largest independent tramp ship agency in the U.S.

Sazerac grows spirits portfolio with vodka acquisition

New Orleans-based spirits powerhouse Sazerac Company continued its brand acquisition streak in October with the purchase of a Texas-based small batch spirits company, Western Son Vodka, for an undisclosed amount. This rapidly growing craft vodka label is known for its flavored vodka line, in addition to distilling gin.

The flavored spirits market is expected to grow 17.89% from 2025 to 2035, according to data from Market Research Future.  The transaction will also add production capacity and capabilities to the Sazerac network, according to the company’s CEO Jake Wenz.

The deal bolsters Sazerac’s presence in the vodka category, following its January purchase of Svedka Vodka from Constellation Brands.  These moves build on Sazerac’s 2024 acquisition of BuzzBallz, the ready-to-drink cocktail company known for its colorful, spherical packaging. Together, the transactions reflect Sazerac’s ongoing strategy of expanding across spirit categories and capturing additional shelf space through brand-led growth. 

Danos completes third acquisition of 2025

Danos Inc., headquartered in Gray, Louisiana, announced its third deal of 2025 in September with the acquisition of Panel Specialists, Inc., a manufacturer of industrial control panels. The Houma-based company’s services include panel fabrication, automation and the maintenance and repair of valves.

The move follows two earlier acquisitions. In August, Danos purchased the U.S. onshore oil and gas labor supply operations of John Wood Group, and in February, it acquired X-Pro Valve, a Louisiana-based provider of valve and actuator products used across energy infrastructure. With three acquisitions in under a year, Danos is executing on a strategy to diversify and grow its industrial services platform across the Gulf Coast and beyond.

Maritime Partners expands again with West Gulf Marine

Maritime Partners, a leading Metairie-based provider of maritime solutions, continued its run of acquisitions in October with the purchase of West Gulf Marine, a family-owned Galveston shipyard specializing in tank barge construction for inland and intracoastal transport of oil and petrochemicals. The company built its first barges for Cenac Towing and went on to have customers such as Kirby Corp., Canal Brage Company and Enterprise Product Partners.

This marks Maritime’s second acquisition of 2025. In August, the company acquired Centerline Logistics, a premier U.S. operator of Jones Act-qualified liquid petroleum barges, bunkering services, ship assist operations, and terminal transport across the West, East, and Gulf Coasts. Together, the deals significantly expand Maritime Partners’ operational footprint and service capabilities across U.S. waterways.

G.F. Gay Le Breton is managing director for Chaffe & Associates Inc., responsible for the corporate finance activities of the firm. Mitch Murray is a corporate finance analyst with the firm. Investment banking services are provided by Chaffe Securities Inc., member FINRA/SIPC. For more information, visit http://chaffe-associates.com.

Share This Insight
Explore More
South Louisiana’s challenges creating opportunity
November 6, 2025
“There is a lot of new activity in the market that is building a good economy while existing employers like Michoud have fascinating things going on.” When Gay LeBreton joined…
M&A Report: Insurance Underwriters Industry Report
October 29, 2025
We are excited to share our Insurance Underwriters Industry Report, featuring our insights into mergers and acquisitions activity among underwriters in the Life & Health, Managed Care, and Property &…
M&A Report: Lamar Advertising executes industry-first UPREIT billboard acquisition
September 30, 2025
In a landmark transaction in July, Baton Rouge-headquartered Lamar Advertising Co. acquired Tempe, AZ-based Verde Outdoor using the first-ever UPREIT deal in the billboard industry. Rather than opting for cash…
M&A Report: All Star Automotive sells in landmark deal
September 30, 2025
In what may be the largest auto dealership transaction in Louisiana history, Baton Rouge-based All Star Automotive Group has agreed to sell for a reported $700 million. The buyer is…
M&A Report: Crescent Bank exits auto lending in major deal
July 21, 2025
New Orleans-based Crescent Bank has agreed to sell its auto financing division to Arra Finance. The deal, expected to close in the third quarter of 2025, will add Crescent’s $815…
M&A Report: Eaton finalizes $1.4B acquisition of Minden’s Fibrebond 
April 15, 2025
Underscoring the critical role of infrastructure supporting the digital age, Eaton Corp., a global intelligent power management company, agreed in March to buy Minden, Louisiana-based Fibrebond Corporation in a transaction…
M&A Report: Industry giants enter bidding war over Louisiana-based H&E Equipment Services Inc.
March 18, 2025
After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services Inc. (HEES.O) found itself at the center of a high stakes bidding war between two…
M&A Report: New year started with $3.4B sale of H&E Equipment
February 18, 2025
After agreeing to sell to United Rental (URI.N) in January, Baton Rouge-based H&E Equipment Services, Inc. (HEES.O) found itself at the center of a high stakes bidding war between two…
M&A Report: Louisiana M&A activity declines for second consecutive year
January 7, 2025
M&A activity in Louisiana started 2025 with a bang when Baton Rouge-based H&E Equipment Services agreed on January 13th to sell to United Rentals, Inc. for $3.4 billion. United Rentals…
M&A Report: Local credit union announces major merger
December 10, 2024
For the second year in a row, Louisiana merger and acquisition activity declined. The state saw 171 transactions involving a Louisiana target, buyer, or seller announced or closed in 2024….
M&A Report: 6 New Orleans area companies sold or made acquisitions in February
March 18, 2024
Six greater New Orleans area companies were sold or made acquisitions in the month of February. New Orleans-based ChapterSpot, the leading provider of CRM and member management software for fraternal…
M&A Report: Largest cancer care organization in state expands into north and central Louisiana
February 6, 2024
Mary Bird Perkins Cancer Center (MBPCC), the largest cancer care organization in Louisiana, announced in January that it has entered into a strategic alliance with Shreveport-based MD Clinics. The transaction…