BoyarMiller Represents Sunland Capital in the Acquisition of Javeler Marine Services
HOUSTON, Texas (April 13, 2012) — BoyarMiller represented Sunland Capital LLC, a private holding company located in Houston, in the acquisition of substantially all of the assets of Javeler Construction Co., Inc., which closed on April 13, 2012. Gus Bourgeois, Shareholder, and associate Philip Dunlap in BoyarMiller’s Business Group handled the transaction. Located in New Iberia, Louisiana, Javeler provides specialized dredging services using submersible pumps and conventional dredging equipment. Javeler also sells and services submersible pumps for third parties.
This was Sunland Capital’s third platform company acquisition in as many years. In early 2010, Sunland Capital acquired substantially all of the assets of Pete Martin Drilling, Inc. Pete Martin is the largest provider of specialty drilling services (conductor, rathole and mousehole) in the Rockies. Pete Martin also provides pier drilling services for industrial and compressor station construction projects. Pete Martin has locations in Utah, Colorado, Wyoming, New Mexico and Kansas and operates throughout the Rocky Mountains, Permian Basin and Mid-Continent. In late 2010, Sunland Capital acquired substantially all of the assets of Lobo Trucking, a limited partnership, and Lobo Tank, LLC. Lobo is a premier provider of fluid handling and logistics services to the oilfield in Southeast New Mexico and West Texas. Lobo provides vac trucks, kill trucks, winch trucks, frac tanks, test tanks and other oilfield tanks. Lobo also provides fresh water, brine water and other oilfield chemicals as well as acid pumping and high-volume water transfer services to its customers. BoyarMiller represented Sunland Capital in both prior transactions.
About Sunland Capital
Sunland Capital is a privately-owned holding company established in 2009 to “Buy, Build and Hold” a portfolio of attractive, growth-oriented businesses. Sunland Capital acquires niche energy, industrial and infrastructure service and manufacturing companies in the lower middle-market. Sunland Capital is funded with equity from its principals, thus no equity fundraising is required to close transactions.
Sunland Capital is strategically positioned as an attractive alternative for business owners looking to sell their company. Unlike traditional private equity buyers, Sunland Capital does not have to sell or “exit” its companies due to a defined fund life nor does Sunland Capital burden its companies with significant amounts of debt. Unlike many strategic buyers, Sunland Capital keeps the brand name and management team in place after acquiring a company and continues building the business and the team over a long-term time frame.
Sunland Capital’s ultimate objective is to create long-term value by working with its platform companies’ management teams to grow and enhance the profile of each individual company over the course of many years.
BoyarMiller is a mid-size Houston-based law firm that advances client business goals by bringing new possibilities into focus with confidence and clarity to achieve extraordinary outcomes. Since 1990, we have been providing practical and smart business solutions. Our firm is comprised of two practice groups—business law and litigation—and we serve multinational companies, middle-market businesses and entrepreneurs in need of collaborative and strategic representation. See for more information.