Matthew Ebbel of New Mountain Capital says the new company, which will oversee a stable of 50 heavylift and multipurpose vessels and drop the Danish handle when the deal is sealed, will be in a position to double in size when the smoke clears if all goes according to plan.

“We now have $500m in combined revenue, double-digit margins and are still in a net cash position so we will be looking to do more deals once we get this integrated in the first half of 2013,” he told TradeWinds WebTV during a conference hosted by Marine Money in Manhattan.

“[Intermarine’s]