EQT Infrastructure II Fund has Acquired Direct ChassisLink Inc.
Scott-Macon's Transportation & Logistics professionals advise EQT Infrastructure II in its acquisition of Direct ChassisLink Inc.May 2016
EQT Infrastructure II Fund announced its acquisition of Direct ChassisLink Inc. (DCLI) from one of the largest U.S. providers of marine chassis in the container shipping industry, Littlejohn & Co. DCLI. Scott-Macon’s Transportation & Logistics Group served as financial advisor to EQT Infrastructure II on this transaction.
Headquartered in Charlotte, NC, DCLI serves over 3,300 customers across the US while also managing an additional 92,000 domestic containers owned by third parties through its REZ-1 platform. DCLI has a fleet of approximately 120,000 marine chassis in the U.S. that are used to carry containers to and from ships in port and local destinations. They also service intermodal hubs for long haul transport by rail or truck, as well as for last mile distribution.
About EQT Infrastructure II
EQT invests in companies, sectors and regions where there is an opportunity to make a genuine difference through a consistent application of an industrial approach, access to specialist expertise, and a strategy geared towards growth and development. The EQT Industrial Network consists of more than 250 independent Industrial Advisors who are established business leaders with experience from different industries and regions from around the world. Approximately EUR 35 billion has been raised from over 400 global professional investors, and more than EUR 22 billion has been invested in portfolio companies across the world.
About Scott-Macon’s Transportation & Logistics Group and M&A Services
Led by L. Price Blackford, Scott-Macon’s Transportation & Logistics Group is made up of experienced professionals with extensive expertise in providing logistics and transportation financial services. Clients that these professionals have provided strategic financial advice to include publicly traded and privately-held domestic and foreign companies and private equity firms. Transaction experience has included transportation advisory services assignments in mergers and acquisitions, divestitures, valuations and strategic advisory as well as capital markets assignments in both the public and private markets.
Utilizing experience in both domestic and international advisory, Scott-Macon’s M&A professionals have assisted clients on the purchase or sale of companies, subsidiaries and business units in a broad range of industries. We assist clients in all stages of the sale or acquisition process and develop strategy, acquisition parameters and purchase constraints before the initiation of the program.