Partner
Cases & Deals
King & Spalding Advises Blackstone on Trailblazing ~$2 Billion Debt Financing and Capital Investment for Enstructure’s Acquisition of LOGISTEC’s Marine Services Division
September 1, 2026
Serena Granger
Partner
Todd Holleman
Partner
Matthew Kita
Partner
Douglas J. Elsbeck (Doug)
Partner
C. Spencer Johnson III (Spencer)
Partner
King & Spalding represented Blackstone Alternative Credit Advisors LP in structuring, negotiating, and executing a landmark senior secured financing and preferred and common equity investment backing Enstructure LLC’s transformative acquisition of LOGISTEC’s marine terminal operations.
This historic, multifaceted transaction creates one of North America’s largest and most diversified marine terminal and logistics networks, establishes a groundbreaking, sophisticated template for hybrid private capital execution, thereby setting a new benchmark for mega-scale logistics and infrastructure consolidation, and finally, brings Blackstone’s aggregate investment in Enstructure to nearly $2 billion.