Announced
Completed
Financials
Sources
Tags
United States
railcar leasing
Majority
Private
Domestic
Private Equity
Friendly
Single Bidder
Consumer Services: Other
Acquisition
Completed
Synopsis
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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