Summary

Matthews Brothers Dredging (“MBD”) is a leading maintenance-oriented mechanical dredging business serving the U.S. Gulf Coast markets.

The majority of MBD’s revenue is derived from maintenance dredging services, which are mission critical and routinely performed every 1-3 years in waterways that accumulate sediment from ship traffic and runoff.

MBD has developed a unique “hybrid” approach to mechanical dredging that provides a cost-effective, operationally efficient service to its long list of blue-chip customers.