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New Deal


Announced

Calera Capital-backed ITI Intermodal to merge with Marine Repair Service – Container Maintenance and Columbia Container Services.

Synopsis

Calera Capital-backed ITI Intermodal, an intermodal equipment maintenance and repair, and storage service provider in the Midwest, agreed to merge with Marine Repair Service – Container Maintenance, a provider of customer programs including depot services, equipment sales, trucking, refrigerated services, and maintenance and repair, and Columbia Container Services, a corrugated box manufacturer servicing the Mid Atlantic area. Financial terns were not disclosed. “Our objective is to keep supply chains running at optimal performance and mitigate equipment downtime for our customers. “We accomplish this through our commitment to service, the strength and talent of our labor force and by running best-in-class operations across each location. By joining forces, we will be able to take the company to ever greater heights. In short, we seek to do our job better than yesterday and strive to be the best at what we do,” Joshua Cooley, ITI Intermodal President and CEO.

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