Tuckahoe Holdings buys Meeco Sullivan
USA: Tuckahoe Holdings, a family run and family controlled private investment firm based in Richmond, Virginia, has purchased marina systems supplier Meeco Sullivan. Tuckahoe focuses on acquiring businesses it can own and invest in on a permanent basis.
Meeco Sullivan, formed as a merger between Sullivan Flotation Systems and Atlantic Meeco three years ago, has been on a mission of growth and expansion. It has made significant investment in production facilities and processes and, as senior vice president and national sales manager Ralph Morley confirms, the effort has paid off. “2016 and 2017 were record years for Meeco Sullivan as we continued to win more than our fair share of new contracts for freshwater/saltwater and covered/uncovered floating systems.”
Stuart Farrell, managing partner with Tuckahoe Holdings, commented: “We are very impressed with Meeco Sullivan’s track record, operations and people and we are fully committed to investing and supporting its continued growth and longevity as a leader in the marina industry. At Tuckahoe Holdings we put people first and their enduring success and safety are just as critical as exemplary financial performance. We see a very bright future for Meeco Sullivan.”
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