My recollection was that they bought Sea Star around five years ago, and put the Tote name on it, but maybe I’m confusing that with when they bought Tropical Shipping (foreign flag serving the Caribbean). There was maritime press coverage of the purchase, including the relatively modest price. I may have the two companies confused and be completely wrong about when they got into Sea Star.
Of course, I have no idea what sort of debt/equity mix they use to buy up other companies.