Seabury Capital has joined with Paul F. Richardson Associates (PFRA) to form Seabury PFRA (SPFRA), a maritime-centric entity which, in a release said, offers “a suite of comprehensive industry solutions” utilising the existing worldwide Seabury operating platform which will take over all business interests and executives from PFRA.
Headquartered in New York, the company will have offices throughout the US, Europe, South America, Africa and Asia.
SPFRA includes traditional maritime-oriented advisory core competencies such as operational analysis, strategic planning, financial evaluations, master and business planning, supply chain design/integration, transaction advisory, due diligence, market & competitive intelligence, economic impacts, asset optimizations, procurement, and industry technology applications.
This range of advisory services will be united with customary investment banking services to include merger and acquisitions, sales and divestitures, private placements, corporate valuations, strategic financial advisory, restructurings, as well as a defined merchant banking capability.
“Combining PFRA’s business with that of Seabury Capital will strengthen Seabury Capital’s long-established maritime finance investment banking capabilities while giving maritime clients a one-stop solution,” said Patrick Henry Dowling, Seabury Capital’s senior managing director.
John Luth, chairman of Seabury Capital, added: ” We see tremendous maritime-oriented capacity being added to our principal activities of advisory and investment banking, asset management and software and data products.”