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New Deal


Announced

Atlas Arteria to acquire a 66.67% stake in Chicago Skyway from Canada Pension Plan Investment Board and OMERS Infrastructure for $2bn.

Financials

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Transaction Value£1,714m
Consideration TypeCash
Capital Owned-
Capital Bid For67%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Cross Border

Private Equity

United States

Pending

Friendly

Acquisition

Single Bidder

Road

Toll Roads

toll road

Majority

Synopsis

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Atlas Arteria, a global owner, operator and developer of toll roads, agreed to acquire a 66.67% stake in Chicago Skyway, a toll road, from Canada Pension Plan Investment Board, a private equity firm, and OMERS Infrastructure, an investment company, for $2bn. “We have maintained OMERS stake in SCC for over five years, during which time the company has proved to be a strong and resilient asset that plays a key role in keeping Chicago connected and mobile. We would like to thank all the stakeholders we have worked with, and wish Skyway’s staff, management and new investors well as the company enters its next phase,” Gisele Everett, OMERS Infrastructure Senior Managing Director and Head of Americas.

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