Pontoon (boat) Pontoon (boat) A pontoon boat is a flattish boat that relies on pontoons to float. These pontoons (also called "tubes") contain a lot of reserve buoyancy and allow designers to create massive deck plans fitted with all sorts of accommodations, such as expansive lounge areas, stand-up bars, and sun pads. Better tube design has also allowed builders to put ever-increasing amounts of horsepower on the stern. Pontoon boat drafts may be as shallow as eight inches, which reduces risk of running aground and underwater damage. The pontoon effect is when a large force applied to the side capsizes a pontoon
Trimaran Capital Partners to purchase the transmission business subsidiary, ITC Transmission, from DTE Energy. In 2003, Trimaran completed a number of leveraged buyouts including Reddy Ice (with Bear Stearns Merchant Banking), Norcraft (with Saunders Karp & Megrue) Trimaran made a series of investments in 2004 including: jewellery retailer Fortunoff, specialty apparel retailer Urban Brands (Ashley Stewart clothing) and auto parts manufacturer Accuride Corporation. In 2005, Trimaran would add Charlie Brown Steakhouse, which would later acquire Bugaboo Creek Steak House in 2007. Trimaran would also make investments in Jefferson National and Broadview Networks among others. Trimaran initially attempted to raise a third, $1.25 billion