Thursday, August 15, 2013 3:44:40 PM
Martin Resource Management Corporation Announces Partnership With Alinda Capital Partners
Martin Resource Management Corporation ("MRMC"), owner of the general partner of Martin Midstream Partners L.P. (Nasdaq:MMLP) ("MMLP" or the "Partnership") announced today that certain affiliated investment funds managed by Alinda Capital Partners ("Alinda") will acquire a 49% voting interest (50% economic interest) in MMGP Holdings LLC ("Holdings"), a newly-formed sole member of Martin Midstream GP LLC ("MMGP"), the general partner of MMLP. Alinda is one of the world's largest infrastructure investment firms with approximately $7.8 billion in equity commitments. The transaction is expected to close in the third quarter of 2013 and is subject to customary closing conditions.
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