Tag: edc

NYC Ferry operator Hornblower acquired by private equity firm after bankruptcy filing

NYC Ferry in operation on East River

Feb. 22, 2024 By Ben Brachfeld Hornblower Group, the cruise operator that operates the NYC Ferry system, has been acquired by a private equity firm after filing for bankruptcy — though the city says this will not impact ferry service. The San Francisco-based company said Wednesday that the private equity firm Strategic Value Partners…