SC&H Capital Wins The M&A Advisor Award for M&A Deal of the Year 

Press ReleasesCapital
Updated on: March 29, 2024

The M&A Advisor has announced that the Special Situations team at SC&H Capital, a leading investment bank specializing in M&A advisory, has been honored with the M&A Deal of the Year Between $10MM- $25MM award for the sale of Marine Technologies Inc. to Ballard Marine Construction. SC&H was also named a finalist in the Professional Services Deal of the Year category for the same transaction. The firm was recognized in a Gala Ceremony in New York City on November 15, 2022.

Marine Technologies, Inc. (“MTI”), a 30-year-old Maryland-based marine services company provides heavy civil, marine, and underwater construction services to government agencies, municipalities, and a host of other private and industrial clients in the Baltimore/Washington area. In January 2022, MTI engaged SC&H Capital to find a buyer that would continue the company’s legacy and operations and maintain the majority of its employees. During the sale process, SC&H Capital generated letters of intent (LOIs) from several potential buyers and MTI ultimately chose to sell to Ballard Marine Construction, LLC, a Washougal, Washington-based specialty marine and underwater contractor.

“It is an honor to receive this award from The M&A Advisor and to be recognized for the hard work put forth by Hank Waida and others on the team to secure a buyer in Ballard for MTI,” said Ken Mann, Managing Director of SC&H Capital. “We continue to demonstrate our commitment to finding the best possible outcome for our clients and preserving a family’s legacy when it matters most.”

Other professionals who worked on the transaction include:

  • Edward Lee and Jordan M. Halle of Whiteford, Taylor & Preston, counsel for Marine Technologies, Inc.
  • Tim Cummins and Barry Rieger of Aronson LLC, accountants/advisors for Marine Technologies, Inc.

The M&A Advisor, headquartered in Forest Hills, New York, is the preeminent organization recognizing excellence, honoring achievement, presenting thought leadership and facilitating connections among the world’s leading dealmaking professionals. Over the past twenty-two years, they have built and served the world’s premier organization of M&A, turnaround and finance professionals.

About SC&H Capital

SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including healthcare, manufacturing, business and professional services, technology, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit

Related Insights


Subscribe to our Insights

A collection of insights about our capabilities, solutions, people, and client successes.