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New Deal


Announced

Completed

Stonepeak completed the acquisition of Textainer for $7.4bn.

Financials

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Transaction Value£6,083m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium46%
One Off Charge-

Tags

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Majority

leasing

Domestic

Leasing

Acquisition

Friendly

United States

Private Equity

Single Bidder

Public

Completed

Synopsis

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Stonepeak, an investment firm, completed the acquisition of Textainer, a company that focuses on purchasing, leasing, and resale of marine cargo containers, for $7.4bn. “Today we embark on Textainer’s exciting next chapter with a renewed commitment to delivering high quality equipment and best-in-class service to our customers worldwide. Over the years, we have established Textainer as our customers’ “first call” for containers, and we look forward to continuing to earn our customers’ trust while growing with them. We’re pleased to have found a great partner in Stonepeak, whose industry expertise and resources position us well to achieve our long-term goals,” Olivier Ghesquiere, Textainer President and CEO.

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