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Vinson & Elkins advised Atlas Energy Solutions Inc. (“Atlas”) in the pricing of an upsized underwritten public offering of an aggregate 11,500,000 shares of Atlas common stock, at a public offering price of $23.00 per share, for total gross proceeds of $264.5 million.
Vinson & Elkins advised Crowley Maritime Corporation in connection with an agreement with SEACOR Holdings, through its subsidiary Seabulk Tankers, Inc., to form a joint venture that will integrate their respective fleets of “Jones Act” vessels engaged in liquid energy and chemical transportation, and their respective, related operations and services into a new, independent U.S. Jones Act service provider, Fairwater Holdings LLC.
Vinson & Elkins advised ArcBest Corporation in its sale of its indirect wholly-owned subsidiary, FleetNet America, Inc., a provider of fleet maintenance and repair services, to Cox Automotive Mobility Solutions, Inc., a division of Cox Enterprises, Inc.