This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

CSG Partners Helps Martin Resource Management Corp. Become 100% ESOP Owned

Stock quotes in this article: MMLP

NEW YORK, Feb. 25, 2014 /PRNewswire/ -- CSG Partners, LLC, the New York-based boutique investment bank, served as the exclusive financial advisor to Martin Resource Management Corporation (MRMC), in a second stage transaction with its Employee Stock Ownership Plan (ESOP). Following the transaction, MRMC is now a 100% employee owned company. In 2012, CSG Partners helped the ESOP acquire a substantial minority interest in MRMC.  MRMC is a leading independent provider of marketing, distribution and transportation of hydrocarbon products and by-products and the co-owner of the general partner of publicly traded Martin Midstream Partners L.P. (NASDAQ: MMLP),

"CSG Partners is honored to have advised MRMC on their second ESOP transaction, which meets their corporate objectives and expands their employee ownership," said George Thacker, III, Managing Director at CSG Partners. "This is an exciting time for MRMC as the ESOP structure will enable employees to share in the company's growth and future success."

In 2013, CSG received the ACG New York Champions' "M&A Deal of the Year ($200MM to $500MM)" award and the Global M&A Network's "North America M&A Deal of the Year – Middle Markets" for its role in in the first stage acquisition of MRMC by its ESOP.

Upon completion of the ESOP transaction, Ruben Martin, CEO of the Company, stated "We are delighted to further transition ownership of our company to our valued employees. We are now in our best position to ensure that MRMC continues to build upon a strong culture, passion, customer service, and commitment to our communities."

Greenberg Traurig LLP served as company counsel to MRMC, and was led by shareholders Jeffrey Kahn, Rebecca DiStefano, and Marc Baluda.

ABOUT MARTIN RESOURCE MANAGEMENT CORPORATION

Martin Resource Management Corporation (MRMC) through its various subsidiaries is an independent provider of marketing, distribution and transportation services related to hydrocarbon products and by-products, including molten sulfur, sulfur-based derivatives, fuel oil, natural gas liquids (NGLs), asphalt, paper mill liquids, and other bulk tank liquids.

ABOUT MARTIN MIDSTREAM PARTNERS L.P.

Martin Midstream Partners L.P. (MMLP) is a publicly traded limited partnership with a diverse set of operations focused primarily in the United States Gulf Coast region.  The Partnership's primary business lines include: terminalling and storage services for petroleum products and by-products; NGL distribution services; and the processing, manufacturing, marketing and distribution of sulfur and sulfur-based products; and marine transportation services for petroleum products and by-products.

ABOUT CSG PARTNERS

CSG Partners, LLC is a boutique investment bank specializing in ESOPs, mergers and acquisitions, and capital advisory services for middle-market companies. Our clients have spanned the full middle-market spectrum, with values ranging from $10 million to $600 million. Founded in 2001, the firm has built a reputation of having the nation's preeminent ESOP investment banking practice. The firm has closed over 140 ESOP transactions for companies with an aggregate value exceeding $9 Billion. CSG Partners operates from offices in New York and San Francisco. More information on the firm can be found at www.csgpartners.com, LinkedIn, and Twitter.

SOURCE CSG Partners, LLC

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,042.90 -28.32 -0.17%
S&P 500 1,972.29 -5.51 -0.28%
NASDAQ 4,493.39 -12.4620 -0.28%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs