Sidley Represents Great Lakes In Its US$1.5 Billion Acquisition by Saltchuk

Sidley is representing Great Lakes Dredge & Dock Corporation (NASDAQ: GLDD) in its US$1.5 billion take-private acquisition by Saltchuk Resources, Inc. Great Lakes is a large provider of dredging services in the U.S., and Saltchuk is a family of diversified freight transportation, marine service, and energy distribution companies. The transaction is valued at an aggregate equity value of approximately US$1.2 billion, with a total transaction value of US$1.5 billion, and is expected to close in Q2 2026.

The Sidley team is being led by Scott Williams (M&A and Private Equity), John Kelsh (Corporate Governance), and Leigh Rorick (M&A and Private Equity), and includes Maggie Jokinen, Caira Watson Haynes, and Francesca Sikora (M&A and Private Equity); Lauren Gallagher, Amanda Casanueva, and Nicholas Carballo (Employee Benefits); Kelly Dybala, Alejandro Ruiz, Celeste Acevedo, and paralegal Sally Jordan (Global Finance); Vadim Brusser, Jason Semmes, and Damos Anderson (Antitrust and Competition); Natalie Chan and Ryan Martin (Employment); Elizabeth McCloy and Brandon Bryer (Real Estate); Suresh Advani and Zachary Tarnow (Tax); and Kyle Barnett, Dusan Clark, and Sophia Iams (Technology Transactions).