CPP Investments Acquires Ports America Interest from Oaktree
September 29, 2021
CPP Investments agreed to acquire the remaining interest in Ports America from funds managed by Oaktree Capital Management, becoming the company’s 100% owner. Ports America is North America’s largest marine terminal operator (70 locations across 33 ports) and CPP said the deal supports continuity of ownership and long‑term investment in the business.
- Buyers
- CPP Investments
- Targets
- Ports America
- Sellers
- Funds managed by Oaktree Capital Management
- Industry
- Logistics & Distribution
- Location
- New Jersey, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Jones Capital Acquires Rockport Terminals
March 1, 2021
Logistics & Distribution
Jones Capital, a Houston-based private capital provider, has acquired Rockport Terminals, a privately owned multimodal port and intermodal terminal near the Port of Corpus Christi. The 250+ acre facility specializes in bulk liquids, bulk and break-bulk handling and will be commercialized and expanded under new leadership with Ross Stevenson named President and CEO.
-
Oaktree Acquires Consolidated Chassis Management
October 3, 2023
Logistics & Distribution
Funds managed by the Transportation Infrastructure strategy of Oaktree Capital Management acquired Consolidated Chassis Management (CCM) from the Ocean Carrier Equipment Management Association (OCEMA). The investment provides CCM with expanded capital to support the launch and operations of the South Atlantic Consolidated Chassis Pool (SACP 3.0), fleet upgrades and broader service expansion across major Southeast U.S. ports.
-
Oaktree Takes Minority Stake in Rand Logistics from American Industrial Partners
February 17, 2021
Transportation
Funds managed by Oaktree Capital Management’s Transportation Infrastructure Investing Group agreed to acquire a significant minority stake in Rand Logistics from American Industrial Partners. The partnership pairs Oaktree’s transportation infrastructure expertise with AIP’s operational approach to support Rand’s growth across the Great Lakes bulk-freight network.
-
AMPORTS Acquires Red Hook ConRo Terminal at Port Freeport
January 16, 2026
Transportation
AMPORTS, a North American port operator and automotive services provider, acquired the operations of the Red Hook ConRo Terminal at Port Freeport, expanding its stevedoring and terminal services to the Gulf Coast. The purchase completes AMPORTS' coast-to-coast stevedoring footprint and transfers the existing Port Freeport operations and staff to AMPORTS.
-
Macquarie Asset Management and Ontario Teachers' Acquire 31.6% Stake in Puget Holdings
February 22, 2022
Energy
Macquarie Asset Management (via Macquarie Global Infrastructure Fund) and Ontario Teachers' Pension Plan Board closed the acquisition of a 31.6% stake in Puget Holdings from CPP Investments. The stake gives the investors ownership in Puget's primary operating subsidiary, Puget Sound Energy (PSE), a regulated electric and natural gas utility serving customers in Washington State; the deal follows regulatory approvals and reflects buyers' interest in core infrastructure and the clean-energy transition.
-
AMPORTS Acquires Horizon Terminal Services from Höegh Autoliners
December 4, 2020
Transportation
AMPORTS has acquired 100% of Horizon Terminal Services, a marine terminal operator with facilities in Jacksonville and Port Everglades, Florida, and Freeport, Texas, from Höegh Autoliners B.V. The acquisition expands AMPORTS' U.S. terminal network and capabilities in automotive vehicle processing, warehousing and marine cargo handling to strengthen its footprint and service offering.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.