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New Deal


Announced

Completed

Apollo completed an investment in Intermodal Tank Transport.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

Friendly

Single Bidder

Third Party Logistics (3PL)

Private Equity

Private

Minority

Depot Services

Acquisition

United States

tank logistics

ISO tank transportation

Completed

Synopsis

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Apollo, a private equity firm, completed an investment in Intermodal Tank Transport, a provider of ISO tank transportation logistics and depot services. Financial terms were not disclosed. "We are thrilled to partner with Apollo to help accelerate our next phase of growth. We have a number of compelling opportunities to strengthen our global platform, and we believe Apollo’s deep understanding of our business, scale and extensive value-creation expertise will help us unlock the significant growth potential of our business. I look forward to continuing to lead the dedicated, hardworking team at ITT as we continue driving value and enhancing customer experience," Jon Hulsey, ITT President and CEO.

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