Announced
Financials
Sources
Tags
Majority
Pending
United States
Friendly
Private
Single Bidder
transportation services
Private Equity
Acquisition
Transportation Services
containers logistics
Cross Border
Synopsis
Private equity firm GIC, OMERS Infrastructure and Wren House, agreed to acquire Direct ChassisLink, a transportation services provider, from private equity firms Apollo and EQT, for $4.5bn. “As a global long-term investor, GIC seeks to invest in world-class companies. GIC is excited to partner with like-minded investors, OMERS Infrastructure and Wren House, to acquire DCLI, one of the largest chassis lessors in the US, providing infrastructure to facilitate trade," Ang Eng Seng, GIC CIO.
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