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Announced

GIC, OMERS Infrastructure and Wren House to acquire Direct ChassisLink from Apollo and EQT for $4.5bn.

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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