P&B Intermodal has been acquired by AEA Investors
Detroit, MI – CFI USA (PMCF Investment Banking) is pleased to announce it served as the exclusive investment banker to P&B Intermodal (“P&B” or the “Company”) in its sale of a majority interest to AEA Investors’ (“AEA”) Small Business Private Equity (“AEA SBPE”).
Headquartered in Hoboken, New Jersey, P&B provides a full suite of maintenance & repair services to Class I railroads, chassis leasing pools, transportation fleets, and other intermodal equipment providers. The Company uniquely blends three synergistic business segments into a completely outsourced service solution for chassis, containers, & trailers; on-terminal power equipment; and over-the-road vehicles and equipment. Since its founding in 1975, P&B has expanded to 80+ terminal locations across the country in 20 states to provide dependable services and keep transportation assets moving.
AEA Investors was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives, and leaders, many of whom invest with AEA as active individual investors, join its portfolio company boards, or act in other advisory roles. Today, AEA’s over 120 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich, and Shanghai. The firm manages funds that have approximately $19 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital, and private debt investments.
Related
Transport & Logistics
has been acquired by
Transaction details
P&B Intermodal has been acquired by AEA Investors
This transaction was advised by:
Our latest transactions
Business Services
has been sold to
a portfolio company of
Transaction details
RYSE, a Dutch multidisciplinary consultancy specialising in real estate advisory and project management, has been sold to Xpartners, a European engineering and design consulting group
Business Services
has acquired a EUR 15 million equity investment from
Transaction details
MEWO S.A., Poland's largest provider of environmental, geophysical, and geotechnical offshore survey services, has acquired a EUR 15 million equity investment from Vinci S.A.
