EBDG Acquires Anchorage-Based Engineering Firm Coastwide

Elliott Bay Design Group (EBDG) has announced that it has formed a ‘strategic partnership’ with Anchorage, Alaska-based marine engineering and naval architect firm Coastwise Corp.

As a result, Coastwise has been rebranded as Coastwise Engineering and is now a division of Elliott Bay Design Group, EBDG said in a February announcement, adding that the division would continue to superior naval architecture services to both public and private clients, using existing Coastwise Corp. contact methods.

“With a dedicated team of 57 professional staff members, the new EBDG division will provide Coastwise Corp.’s clients in Alaska, as well as the lower 48, with quality marine technical services and a broader industry reach,” Elliott Bay Design Group said in a statement.

This partnership, EBDG explained, brings together the expertise and design portfolio of Coastwise Corp. with EBDG’s solutions in a collaborative venture. As part of the agreement, EBDG acquires Coastwise Corp.’s assets, including the addition of Coastwise owner and principal Patrick Eberhardt, who has joined EBDG as a full-time employee.

“Eberhardt’s 40 years of professional experience and extensive understanding of the Alaskan maritime industry will be a valuable addition to the EBDG team,” the company said in its statement. “Serving as the Alaska representative, he will play a pivotal role in expanding EBDG’s footprint in Alaska pursuing new opportunities in the passenger vessel, remote/arctic workboat and fishing industries.”

Jim Towers, principal in charge at EBDG, said that the acquisition would expand the company’s presence in Alaska as well as strengthen its position in the industry.

“I am particularly excited about the opportunities this presents,” EBDG Vice President of Strategic Expansion Mike Complita remarked. “Pat brings new skillsets to EBDG, and we are confident that his expertise will enhance our capabilities. This transition will be seamless.”

Eberhardt said that his staff was “looking forward to working on a large and talented new team.”

“This partnership will allow us to better serve our existing clients and let us take on larger and more challenging projects,” he said. “We are confident in the ability of our new team, given that we have a history of collaborating together for nearly 30 years.”