Stonepeak Infrastructure Partners completed the acquisition of TRAC Intermodal from Fortress Investment Group.

Private equity firm Stonepeak Infrastructure Partners completed the acquisition of TRAC Intermodal, an intermodal infrastructure provider, from Fortress Investment Group, an investment management firm. Financial terms were not disclosed. "We are excited to have Stonepeak as our new sponsor. We welcome the operational and capital support that Stonepeak will provide. Their deep experience and relationships in North America will help fuel our continued growth and reinforce our industry leadership position in providing the highest quality products, reliable equipment and best-in-class customer service to the marine intermodal and transportation industries," Jennifer Polli, TRAC President and CEO.