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New Deal


Announced

Completed

ITE Management completed the acquisition of SMBC Rail Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

railcar leasing

Majority

Private

Domestic

Private Equity

Friendly

Single Bidder

Consumer Services: Other

Acquisition

Completed

Synopsis

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ITE Management, an investment firm that targets transportation and industrial assets, companies, and related services, with a critical focus on generating current yields, long-term uncorrelated returns, and positive risk characteristics, completed the acquisition of SMBC Rail Services, a company that provides railcars leasing services. Financial terms were not disclosed.

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