Fried Frank is advising Saltchuk Resources on its definitive agreement to acquire Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, for $1.5 billion, which was announced by the companies today. Read the press release for more information about the transaction, which is expected to close in the second quarter of 2026.

The Fried Frank team is led by M&A and private equity partners Philip Richter and Ryan Messier and executive compensation & ERISA partner Jeffrey Ross.

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