TransMontaigne Partners Completes Asset Acquisition
| Field | Detail |
|---|---|
| Company | Transmontaigne Partners LLC |
| Form Type | 8-K |
| Filed Date | Oct 9, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $180 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, assets
TL;DR
TransMontaigne just bought some assets, details to follow.
AI Summary
TransMontaigne Partners LLC announced the completion of its acquisition of assets on October 8, 2025. The filing details the transaction under Item 6.01, indicating a disposition of assets. Specific financial figures and the counterparty to the transaction are not detailed in this initial 8-K filing.
Why It Matters
This filing signals a significant change in TransMontaigne Partners LLC's asset base, which could impact its operational capacity and future revenue streams.
Risk Assessment
Risk Level: medium — The completion of an asset acquisition can introduce integration challenges and financial risks, but the lack of specific details in this filing makes a precise risk assessment difficult.
Key Players & Entities
- TransMontaigne Partners LLC (company) — Registrant
- October 8, 2025 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-32505 (company_id) — Commission file number
- 34-2037221 (company_id) — I.R.S. Employer Identification No.
- 1670 Broadway, Suite 3100 Denver, Colorado 80202 (address) — Principal executive offices
- 303-626-8200 (phone_number) — Business phone
FAQ
What specific assets were acquired by TransMontaigne Partners LLC?
The filing does not specify the exact assets acquired, only that the completion of an acquisition or disposition of assets is being reported.
Who was the counterparty in this asset acquisition?
The filing does not disclose the name of the other party involved in the transaction.
What is the financial impact of this acquisition on TransMontaigne Partners LLC?
The filing does not provide any financial details or figures related to the acquisition.
When did the acquisition officially close?
The earliest event reported in the filing occurred on October 8, 2025, indicating the completion date.
Are there any pro forma financial statements included with this filing?
This initial 8-K filing does not appear to include pro forma financial statements; further exhibits may contain this information.
Filing Stats: 638 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2025-10-09 11:07:39
Key Financial Figures
- $180 million — of marine fuels. The purchase price was $180 million. Effective as of the closing, TransMont
Filing Documents
- tm2528204d1_8k.htm (8-K) — 26KB
- tm2528204d1_ex99-1.htm (EX-99.1) — 6KB
- tm2528204d1_ex99-1img001.jpg (GRAPHIC) — 13KB
- 0001104659-25-098146.txt ( ) — 209KB
- none-20251008.xsd (EX-101.SCH) — 3KB
- none-20251008_lab.xml (EX-101.LAB) — 33KB
- none-20251008_pre.xml (EX-101.PRE) — 22KB
- tm2528204d1_8k_htm.xml (XML) — 3KB
01. Completion of Acquisition or Disposition of Assets
Item 2.01. Completion of Acquisition or Disposition of Assets. On October 8, 2025, TransMontaigne Partners LLC ("TransMontaigne" or the "Company") completed the sale of its terminal facility located on Fisher Island, Miami, Florida to HRP Fisher Island, LLC, a Delaware limited liability company. The Fisher Island terminal has active capacity of approximately 700,000 barrels for the storage of marine fuels. The purchase price was $180 million. Effective as of the closing, TransMontaigne leased the terminal facility from the buyer to allow TransMontaigne to continue its existing operations servicing its current customer agreements. Proceeds from the sale of the Fisher Island terminal facility were used for the repayment of certain term debt obligations. The purchase agreement relating to this transaction has not been filed as an exhibit to this Current Report on Form 8-K because the transaction is not material to the Company's financial position or results of operations.
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. A copy of the press release announcing the closing of the sale of the Fisher Island Terminal is attached as Exhibit 99.1 hereto. The information contained in this Item 7.01 and Exhibit 99.1 to this report shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section, unless the Company specifically incorporates the information by reference in a document filed under the Securities Act of 1933 or the Securities Exchange Act of 1934.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit 99.1 Press Release, dated October 9, 2025. 104 Cover Page Interactive Data File (formatted in Inline XBRL and contained in Exhibit 10.1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSMONTAIGNE PARTNERS LLC By: /s/ Matthew White Name: Matthew White Title: Executive Vice President, Secretary & General Counsel Date: October 9, 2025