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July 12, 2007

Goldman Sachs Infrastructure Partners agrees to make significant equity investment in Carrix, Inc.

On July 5, Willkie client Carrix, Inc. announced that Goldman Sachs Infrastructure Partners has agreed to make a significant equity investment in the company.   The investment is expected to assist Carrix in pursuing growth opportunities in the global port operations industry.  Carrix, which is wholly owned and operated by the Smith/Hemingway family, is the parent company of SSA Marine and Tideworks Technology.   SSA Marine is the largest U.S. owned, and privately held, marine terminal operator in the world, with over 120 marine and rail operations worldwide, including 11 container terminals in LA/Long Beach, Oakland, Seattle, Panama, Mexico and Chile.  Tideworks Technology is a leading provider of full-service terminal management and planning software solutions for container and multi-purpose terminal operators worldwide.   The Smith/Hemingway family will continue to maintain majority ownership. 

The Willkie team on the matter includes partners Richard Posen, Steven Gartner, Robert Stebbins, James Brown, Frank Daniele, Leslie Mazza and Barry Nigro; special counsel Carolyn Conkling,  Jonathan Konoff, David Park and Russell Smith; and associates Russell Leaf, Katie Calabrese, Michael Caplan, Jeffrey Goldfarb, Ellen Grossman, Lior Hendler, Jeffrey Letalien,  Elizabeth Buckley Lewis,  Jordan Messinger, Meghan White and J. Penn Stabler (summer associate).