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New Deal


Announced

Riverstone Holdings to acquire International-Matex Tank Terminals from Macquarie Infrastructure for $2.68bn.

Financials

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Transaction Value£2,070m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales5.2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

United States

transportation

Transportation Services

Single Bidder

Pending

Domestic

Friendly

Private

Acquisition

Private Equity

Synopsis

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Riverstone Holdings, an energy and power-focused private investment firm, agreed to acquire International-Matex Tank Terminals, an owner and operator of bulk liquid storage terminal facilities, from Macquarie Infrastructure for $2.68bn. "Riverstone has a long-standing track record owning and operating terminal assets, and we are excited about the opportunities at IMTT to drive growth and performance to deliver attractive returns to our investors," Baran Tekkora, Riverstone Partner & Co-Head of Private Equity.

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